When the United States Goes It Alone in Imposing Economic

question 8

Multiple Choice

When the United States goes it alone in imposing economic sanctions against a foreign country in the hopes of stopping the target from engaging in behavior that it sees as threatening to American interests, it is:

• A) likely to be successful in meeting its goal, given the strength of the U.S.economy and its military.
• B) likely to find itself targeted for economic sanctions by the United Nations and the World Trade Organization.
• C) unlikely to fully meet its goal since the target can usually trade elsewhere.
• D) unlikely to fully meet its goal unless the target is a major oil producer.

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Definitions:

Direct Materials

Basic substances that can be directly linked and attributed to the creation of particular products or services.

Direct Labor

The work of factory employees that can be directly associated with converting raw materials into finished goods.

Total Manufacturing Costs

The aggregate expenses involved in the manufacture of products, including direct materials, direct labor, and manufacturing overhead.

Work In Process Inventory

Goods partially completed during the manufacturing process; not yet finished products.