What Is the Most Serious Threat to the Continued Expansion

question 68

Multiple Choice

What is the most serious threat to the continued expansion of international services trade?

• A) Free trade
• B) Capitalism
• C) Globalization
• D) Foreign trade zones (FTZs)
• E) Protectionism

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Definitions:

Civilian Procurement

The process by which governmental bodies or agencies purchase goods and services for non-military use from the private sector.

U.S. Firms

Companies or businesses that are headquartered, registered, or primarily operate in the United States.

Foreign Trade Zone

Designated areas within a country where goods can be imported, stored, processed, and re-exported with reduced customs duties.

Maquiladora

is a factory in Mexico run by a foreign company, exporting its products to the company's country of origin, benefitting from lower labor costs.