Governmental Actions That Discourage Imports and Block Markets Include All

question 12

Multiple Choice

Governmental actions that discourage imports and block markets include all of the following except:

• A)tariffs.
• B)free trade zones.
• C)subsidies.
• D)tax incentives.
• E)duties.

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Definitions:

Full-Service

Pertaining to businesses or services that offer a comprehensive range of solutions or amenities to their customers, leaving no need unaddressed.

Limited-Service

Refers to businesses or offerings that provide a selective range of services as opposed to comprehensive, full-service options.

Merchant Wholesalers

Businesses that buy goods in large quantities from producers, store them, and then resell them to retailers or other businesses.

Wheel of Retailing

A theory that describes how retail outlets evolve over time, starting from low-end, gradually upscaling, and potentially becoming more conventional or full-service establishments.