Which of the Following Is NOT a Type of Value

question 51

Multiple Choice

Which of the following is NOT a type of value?

• A) Intrinsic
• B) Extrinsic
• C) Primary
• D) Terminal
• E) Instrumental

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Definitions:

Tariff Barrier

Taxes imposed on imported goods and services to restrict imports, protect domestic industries, or raise government revenue.

Licensing Agreement

A legal contract by which a rights holder permits another party to use a property, such as intellectual property or technology, under specified conditions.

Foreign Corrupt Practices Act

A U.S. law that prohibits American companies and individuals from bribing foreign officials to retain or obtain business.

Countertrade

A form of international trade in which goods or services are exchanged directly for other goods or services without using a medium of exchange, such as money.