An Import Quota Directly Restricts ________ and Are Designed to Protect

question 39

Multiple Choice

An import quota directly restricts ________ and are designed to protect domestic ________.

• A)exports;consumers only
• B)exports;producers only
• C)imports;consumers only
• D)imports;producers only
• E)imports;producers and consumers

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Definitions:

Departmentalization

The organizational process of dividing a company into distinct departments, each managed separately to perform specific tasks or achieve objectives.

Organizational Size

A measurement that reflects the scale and scope of an organization, usually assessed by the number of employees, revenue, or physical size.

Technology

Refers to the application of scientific knowledge for practical purposes, especially in industry.

Organizational Design

The process of structuring an organization's strategy, roles, responsibilities, and processes to achieve its goals and objectives effectively.