Administrative Trade Policies Are

question 1

Multiple Choice

Administrative trade policies are

• A) requirements that some specific fraction of a good be produced domestically.
• B) quotas on trade imposed by the exporting country.
• C) bureaucratic rules designed to make it difficult for imports to enter a country.
• D) designed to punish foreign firms that engage in dumping.

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Definitions:

Face Card

In a deck of playing cards, refers to any card that depicts a figure or a face, specifically jack, queen, or king, contrary to numeral cards.

Standard Deck

Refers to a complete set of 52 playing cards comprising four suits: hearts, diamonds, clubs, and spades, each suit containing numbered cards and face cards.

King of Spades

A playing card in a standard deck of 52 cards, recognized by the imagery of a king and the spades suit.

Total Count

The absolute sum or quantity of units or individuals measured or observed in a set.