Country a Implements a Ban on Trade in Two Products

question 26

Multiple Choice

Country A implements a ban on trade in two products with Country B.This is an example of a(n) ________.

• A)embargo
• B)tariff-quota
• C)tariff
• D)voluntary export restraint

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Definitions:

Executive Summary

A concise overview of a document or report, highlighting its main points, conclusions, and recommendations, typically placed at the beginning.

Legal Form

specifies the structure of an organization or entity in legal terms, including options such as sole proprietorship, partnership, corporation, and Limited Liability Company (LLC), each having distinct legal implications.

Partnership

A legal form of business operation between two or more individuals who share management and profits.

Sole Proprietorship

A business structure where a single individual owns, operates, and is responsible for all aspects of the business.