Standards May Be Published, Scrutinized, and Ratified by a Group

question 48

Multiple Choice

Standards may be published, scrutinized, and ratified by a group, as in formal or ________ standards.

• A) de formale
• B) de public 
• C) de jure
• D) de facto

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Definitions:

Imported Products

Goods or services brought into one country from another, contributing to international trade and consumer choices.

Domestic Supply

The aggregate production of goods and services within a country, intended for use inside the country or for export.

Domestic Demand

The total demand for goods and services within the domestic economy, excluding exports but including imports.

Tariff

A levy placed by a government on products and services brought in from abroad.