What Is the Difference Between a Policy and a Procedure

question 3

Multiple Choice

What is the difference between a policy and a procedure?

• A) A policy is more specific than a procedure.
• B) A policy is more enduring than a procedure.
• C) A procedure requires less frequent modification than a policy.
• D) A procedure limits variations in actions more than a policy.

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Definitions:

Trade Barriers

Restrictions imposed by a government on international trade, often to protect domestic industries from foreign competition.

Foreign Sovereign Immunities Act

U.S. legislation that sets the limitations as to whether a foreign sovereign nation (and its political subdivisions, agencies, or instrumentalities) may be sued in U.S. courts.

U.S. Citizens

Individuals who are legally recognized as members of the United States, either by birth or naturalization, with specific rights and obligations.

GATT

The General Agreement on Tariffs and Trade (GATT) was a multilateral agreement aimed at reducing trade barriers and promoting international trade until it was replaced by the WTO in 1995.