What Type of 3PL Traces Their Origin to Freight Movement

question 8

Multiple Choice

What type of 3PL traces their origin to freight movement via truck,rail,or other?

• A) Forwarder based
• B) Financial based
• C) Distribution based
• D) Transportation based

Comprehend the basic mechanisms of trade and barriers to trade.

Understand the circular-flow model of an economy and its components.

Recognize the significance of specialization and trade in improving economic efficiency.

Distinguish between factor markets and product markets within the circular flow of an economy.

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Definitions:

Dumping

The act of a country or business selling products at less than what it costs to produce them.

International Business

The buying, selling, and trading of goods and services across national boundaries.

Large Corporations

Extensive organizations known for their sizable employee count, large operational scope, and substantial market influence.