Which Trade Strategy Have Developing Countries Used to Replace Commodity

question 95

Multiple Choice

Which trade strategy have developing countries used to replace commodity exports with exports such as processed primary products,semi-manufacturers,and manufacturers?

• A) Multilateral contract
• B) Buffer stock
• C) Export promotion
• D) Export quota

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Definitions:

Closing

The process of finalizing accounts at the end of an accounting period to prepare them for the next period.

Post-closing Trial Balance

A list of all permanent accounts and their balances after closing entries are made, used to check the balance and prepare for the new accounting period.

Proper Form

Compliance with established rules and guidelines, ensuring correctness in structure or procedure.

Closing

The process at the end of an accounting period where all financial statements are finalized and all temporary accounts are closed to prepare for the next accounting period.