Which Term Refers to Restricting Imports in Order to Boost

question 94

Multiple Choice

Which term refers to restricting imports in order to boost domestic production and consumption of goods that would otherwise be imported?

• A)import substitution
• B)terms-of-trade
• C)most-favored nation
• D)in-sourcing

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Definitions:

Commercial Software

Software developed and sold for profit, typically requiring the purchase of a license for use.

Embedded Software

Computer software that is designed to operate within a specific hardware device or system, often with real-time computing constraints.

Motion Sensors

Devices that detect moving objects, particularly people, often used in security systems, lighting control, and automation.

Backup Camera

An automotive safety feature that uses a video camera mounted on the rear of the vehicle to display a view behind the car on a dashboard screen, helping the driver to reverse more safely.