Which of the Following Best Defines a Trade Policy

question 130

Multiple Choice

Which of the following best defines a trade policy?

• A)It is a government policy directed toward the goal of improving the tradeoff between equity and efficiency.
• B)It is a government policy that directly influences the quantity of goods and services that a country imports or exports.
• C)It is a government policy directed toward the goal of increasing domestic trade.
• D)It is a government policy toward trade unions.

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Definitions:

Marketing Mix

The four marketing activities—product, price, distribution, and promotion—that the firm can control to achieve specific goals within a dynamic marketing environment.