Which of the Following Trade Policy Tools Makes It Mandatory

question 110

Multiple Choice

Which of the following trade policy tools makes it mandatory for its importers who want to buy a foreign good to apply for an exchange permit?

• A) Tariff
• B) Import quota
• C) Blocked currency
• D) Government approval
• E) Export levy

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Definitions:

Personal Construct Theory

A psychological theory developed by George Kelly, positing that individuals use personal constructs (bipolar dimensions of judgment) to understand and predict the world.

Construe Events

The process of interpreting and understanding events and situations in a particular way, based on personal beliefs, experiences, and perceptions.

Personal Choice

The ability of an individual to make decisions based on their preferences and values.

Construct

An abstract concept or theoretical tool used to understand and interpret aspects of observable behavior or psychological states.