____ Is the Term Used to Describe Conducting Business Transactions-Generally

question 9

Multiple Choice

____ is the term used to describe conducting business transactions-generally financial transactions-via communications technology.

• A) Internet-transaction
• B) E-commerce
• C) Net-commerce
• D) Net-business

Understand the concepts of dumping and its implications.

Comprehend how government policies such as subsidies, tariffs, and quotas affect international trade.

Analyze the long-run effects of changes in trade policy on imports and exports.

Differentiate between tariffs and quotas and their respective impacts on trade volume and domestic industries.

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Definitions:

Incentive

A benefit, reward, or cost designed to motivate an individual or group to act in a desired way.

Internet Advertising

The practice of using the internet to promote products or services to consumers through various online platforms and channels.

Banner Ads

Online advertising that includes a graphic image or animation displayed on a web page aiming to attract traffic to a website.

Sales Promotion

Marketing strategies aimed at increasing sales in the short term, including discounts, coupons, and special offers.