Which of the Following Is Considered Too Inefficient to Accomplish

question 34

Multiple Choice

Which of the following is considered too inefficient to accomplish much of anything but at the same time so powerful that decisions can be made arbitrarily without due process?

• A) international organizations
• B) private organizations
• C) bureaucracy
• D) public charities

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Definitions:

Regional Trading

The exchange of goods and services within a specific geographic area, promoting economic cooperation among neighboring countries.

Trading Bloc Agreements

These are agreements between groups of countries, often geographically proximate, to promote trade among themselves by reducing trade barriers like tariffs and import quotas.

Trade Restrictions

Measures implemented by governments to control the import and export of goods and services, often to protect domestic industries and jobs.

Export Subsidy

A government policy to encourage export of goods and services through direct payments, tax relief, or other financial incentives.