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Which of the Following Is True of Quito, Ecuador (0°

question 89

Multiple Choice

Which of the following is true of Quito, Ecuador (0° 15' N, 78° 35' S) ?


Definitions:

Import

Refers to the acquisition of goods or services from a foreign country for domestic use.

Export

The process of sending goods or services to another country for sale.

World Price

The international market price of a commodity or product, determined by global supply and demand forces.

Free Trade

The policy of allowing unrestricted import and export of goods between countries, without tariffs, quotas, or other restrictions.

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