________ Place Limits on the Quantity of a Product Being

question 66

Multiple Choice

________ place limits on the quantity of a product being imported.

• A)Embargoes
• B)Trade blocs
• C)Nontariff barriers
• D)Anti-dumping duties

---

Definitions:

Lean Business Model

Lean Business Model is a strategic approach focused on creating more value for customers with fewer resources, by minimizing waste and optimizing efficiency.

Continuous Operations

The assumption that a business will continue its operations into the foreseeable future, not intending to nor expecting to go bankrupt or to significantly alter its operations.

Just-In-Time

A production strategy that strives to improve a business's return on investment by reducing in-process inventory and associated carrying costs.

Fixed Cost

An expense that remains constant regardless of the volume of products or services manufactured or distributed.