Which of the Following Is Not a Structural Device Used

question 36

Multiple Choice

Which of the following is not a structural device used to achieve vertical linkages?

• A) Rules and plans
• B) Task forces
• C) Vertical information systems
• D) Hierarchical referral

---

Definitions:

Consumer Surplus

The difference between what consumers are willing to pay for a good or service and the actual price they pay.

Comparative Advantage

Comparative advantage is the ability of an individual, company, or country to produce a good or service at a lower opportunity cost than competitors, underpinning international trade theory.

International Trade

The exchange of goods, services, and capital across international borders, driven by the concept of comparative advantage.

Tariff

A tax imposed on imported goods and services to increase their price and reduce competition with domestic products.