Which of the Following Is True of Government Interventions in a Country's

question 28

Multiple Choice

Which of the following is true of government interventions in a country's trade practices?

• A)A major economic motive behind government intervention in trade is the protection of jobs.
• B)A major political motive behind government intervention in trade is the protection of infant industries.
• C)Government interventions help companies take advantage of economies of scale and be the first movers in their industries.
• D)Governments intervene to protect only imports,as the protection of exports is handled by private agencies.

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Definitions:

Direct Communication

A method of conveying messages or information straightforwardly between parties without intermediaries.

Direct Marketing

A type of advertising strategy that sends promotional messages directly to potential customers without the use of intermediary media.

Personal Selling

The practice of directly interacting with potential buyers to present products or services, understand their needs, and influence their purchasing decisions.

Retail Outlet

A store or shop that sells goods directly to the public, typically located in a storefront, shopping mall, or online platform.