_________ Measures Are Implemented Primarily by Nations That Have Accumulated

question 79

Multiple Choice

_________ measures are implemented primarily by nations that have accumulated and maintained large balance-of-trade surpluses.

• A)Import restriction
• B)Export restriction
• C)Export promotion
• D)Import promotion
• E)Mixed aid promotion

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Definitions:

Economic Powers

Nations or entities that hold significant influence on global economic systems, often through their large economies, financial resources, and strategic trade relationships.

Mao Zedong

A Chinese communist revolutionary and the founding father of the People's Republic of China, serving as its first Chairman.

Communist

A person who supports or believes in the principles of communism, a socio-economic ideology that advocates for the common ownership of the means of production and the absence of social classes.

People's Republic of China

A sovereign state in East Asia, established in 1949, governed by the Communist Party of China, with Beijing as its capital.