A Recommended Policy for DVCs to Implement That Promotes Economic

question 112

Multiple Choice

A recommended policy for DVCs to implement that promotes economic growth is

• A) establishing realistic policies for exchange rates.
• B) obtaining more low-interest loans from the U.S. government.
• C) encouraging more tariffs and quotas to protect DVC businesses.
• D) discouraging direct foreign investment to make DVCs more self-sufficient.

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Definitions:

Franchisees

Individuals or entities that acquire the rights to operate a business under a franchisor's brand and system.

Franchisors

Companies or individuals that grant licenses to third parties to conduct business under their trademark and business model.

International Franchise

A business model where a company allows an individual or other business to operate a franchise in a foreign country using its brand, trademark, and products.

Fast Food Chain

A series of restaurants serving quick-service food items, standardized across locations for consistency and speed.