Which of the Following Environments Would the Threat of New

question 37

Multiple Choice

Which of the following environments would the threat of new trade restrictions fall into?

• A) Economic
• B) Legal/regulatory
• C) Sociocultural
• D) Competitive

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Definitions:

Social Institutions

Social institutions refer to complex, integrated sets of social norms organized around the preservation of a basic societal value, encompassing family, education, politics, economy, and healthcare.

Social Control Agents

are individuals or groups responsible for enforcing norms and laws in society, including police, schools, and religious institutions, to maintain order.

Cultural Commodities

Goods and services that are produced within and valued for their cultural significance, often reflecting a society's traditions, heritage, and lifestyle.