A Possible Outcome of the Multilateral Approach to Free Trade

question 5

Multiple Choice

A possible outcome of the multilateral approach to free trade is that such an approach can

• A)win political support when a unilateral approach cannot.
• B)result in more restricted trade than under a unilateral approach,when international negotiations fail.
• C)result in drastic reductions in tariffs for many countries.
• D)All of the above are correct.

---

Definitions:

Marketing Implementation

The method by which marketing strategies and plans are implemented to achieve strategic marketing goals.

Functional Plans

Detailed strategies developed for specific areas within an organization (e.g., marketing, finance, HR) to achieve overall strategic objectives.

Sustainable Behaviors

Refers to actions and practices that do not deplete resources or harm natural cycles, aiming at maintaining ecological balance.