A __________ Refers to a Constraint That Can Be Expressed

question 5

Multiple Choice

A __________ refers to a constraint that can be expressed as an equality at the optimal solution.

• A)nonnegativity constraint
• B)first class constraint
• C)slack variable
• D)binding constraint

---

Definitions:

GATT

The General Agreement on Tariffs and Trade (GATT) was a multilateral agreement aimed at reducing global trade barriers and promoting international trade through the reduction of tariffs and other trade restrictions.

European Union

A political and economic union of 27 European countries that participate in a single market allowing free movement of goods, services, and people.

Trade Barriers

Trade Barriers are government-imposed policies or regulations that restrict international trade, often to protect domestic industries from foreign competition.

Foreign Competition

The presence of competitors from other countries in a domestic market.