Import Quotas

question 32

Multiple Choice

Import quotas

• A) are the same as tariffs.
• B) are not used by the United States.
• C) set the maximum number of units of a good that can be imported.
• D) set the minimum percentage of the value of a product that must consist of imported components.

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Definitions:

Analogy Marketing

A marketing strategy that involves drawing comparisons between similar concepts, products, or services to explain or promote a product.

Trial Closes

Techniques used by salespeople to gauge a prospect's interest or readiness to buy, typically by asking indirect questions or making suggestions that prompt the prospect to reveal their level of interest.

Memorized Sales Presentation

A memorized sales presentation is a scripted pitch that a salesperson has learned by heart to deliver to potential buyers.

Visual Aids

Tools and materials, such as slides, videos, and models, designed to enhance audience understanding of a presentation's key points.