Which of the Following Is Not an Example of a Trade

question 32

Multiple Choice

Which of the following is not an example of a trade restriction?

• A)tariffs
• B)quotas and voluntary export restraints
• C)legislation requiring that cars sold in a country have a 50 percent domestic content
• D)consumer preferences for goods produced domestically

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Definitions:

Inventory Management

The practice of overseeing and controlling the ordering, storage, and use of components that a company uses in the production of the items it sells, as well as the management of finished products available for sale.

Average Total Assets

A financial metric calculated by averaging a company's total assets at the beginning and end of an accounting period, used to evaluate assets' efficiency.

Return Ratio

A financial metric indicating the profitability or effectiveness of an investment, often expressed as a percentage.

Denominator

The bottom number in a fraction that shows the total number of equal parts the whole is divided into.