Which of the Following Is Not an Example of Intermediate

question 142

Multiple Choice

Which of the following is not an example of intermediate goods or services?

• A)Steel used in the manufacture of cars
• B)Pizzas bought at a restaurant
• C)Legal services hired by a public accounting firm
• D)Glass used to manufacture sunglasses
• E)Vegetables used by a restaurant

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Definitions:

Labor Standards

Regulations and practices that relate to working conditions, including aspects like minimum wages, working hours, safety, and rights to organize.

Labor Cooperation

The collaboration between workers, employers, and sometimes governments, to improve working conditions, productivity, and workers' rights.

Free Trade Agreements

Bilateral or multilateral agreements between countries that reduce or eliminate barriers to trade, such as tariffs and import quotas, fostering increased trade and economic integration.

International Trade

The exchange of goods, services, and capital across international borders or territories, crucial for global economic integration and development.