Which of the Following Is a Result of Trade Creation

question 102

Multiple Choice

Which of the following is a result of trade creation?

• A) The demand for goods tends to increase.
• B) Purchasing power of consumers decreases.
• C) Consumers have a limited choice for selection of goods.
• D) Imported goods are seldom available at lower prices.

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Definitions:

Universal Product Code

A barcode symbology that is widely used in the United States and other countries for tracking trade items in stores.

Inventory Control

Function requiring production and operations managers to balance the need to keep stock on hand to meet demand against the costs of carrying inventory.

Retail Transactions

Business operations involving the sale of goods or services directly to consumers for personal use.

Trademarks

Symbols, names, phrases, or logos legally registered or established by use as representing a company or product.