Which of the Following Is Correct Regarding the Barriers to International

question 8

Short Answer

Which of the following is correct regarding the barriers to international trade?
Research clearly demonstrates that differences in culture are the most important barrier
The two general categories where barriers exist are in command and market economies
An embargo is an extreme form of a tariff
Local content laws apply only to situations across international borders
When Google agreed to pay $500 million to settle a case with the U.S. government over advertising revenue earned from Canadian online pharmacies, this was an example of business practice laws being violated

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Definitions:

Principle Of Frustration

The legal doctrine that allows a contract to be discharged when an unforeseen event makes contractual obligations impossible, or would render the performance something radically different from that agreed upon.

Residential Tenancies

Legal agreements and regulations that govern the relationship between landlords and tenants in residential properties.

Statute

Written laws enacted by a legislative body at the national or local level.

Quiet Enjoyment

The right of a tenant or property owner to use their property without interference from the landlord or other external parties.