Sogo Shosha in Japan Are a Type of

question 100

Multiple Choice

Sogo shosha in Japan are a type of

• A) freight forwarder.
• B) trading house.
• C) currency exchange.
• D) production site.
• E) customer service center.

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Definitions:

Shortage

This occurs when the demand for a good or service exceeds its supply within a specific market.

Price Floor

A government- or authority-imposed minimum price that can be charged for a commodity, to prevent prices from dropping too low.

Lettuce

A leafy green vegetable, commonly used in salads and other dishes, known for its crisp texture and mild flavor.

Equilibrium Price

The equilibrium price where goods supplied and goods demanded are in balance.