Match Each Item with the Correct Statement Below

question 110

Multiple Choice

Match each item with the correct statement below.
-A(n) _____ is a trade restriction that limits the number of goods that can enter a country for resale.

• A)exporting
• B)WTO
• C)infrastructure
• D)exchange rate
• E)tariff
• F)import quota
• G)dumping
• H)ISO certification
• I)foreign licensing
• J)multinational corporation
• K)global marketing strategy
• L)multidomestic marketing strategy
• M)countertrade
• N)related party trade
• O)exchange control
• P)customs union
• Q)CAFTA-DR
• R)importer
• S)embargo
• T)franchise

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Definitions:

2010

A specific year notable for various global events, such as the Affordable Care Act becoming law in the United States and the Haiti earthquake.

Revenue Agency

A government body responsible for collecting taxes and other revenues that fund government operations and services.

Iron Triangle

A phrase that characterizes the decision-making interaction between the committees of Congress, the administrative agencies, and the groups representing various interests.

Transparent Government

A governance principle that emphasizes openness, accountability, and honesty in the administration of power.