The _____ Permits Restrictions on Goods and Technology Where Selling

question 43

Multiple Choice

The _____ permits restrictions on goods and technology where selling goods to other countries would harm national security,significantly advance U.S.foreign policy,prevent an excessive drain of scarce materials,or reduce serious inflationary impacts from foreign demand.

• A)U.S.Export Administration Act
• B)Foreign Country Subsidy Act
• C)General Agreement on Tariffs and Trade
• D)Free Trade Act

---

Definitions:

Unsystematic Risk

The risk associated with a specific company or industry that can be mitigated through diversification.

Systematic Risk

The risk inherent to the entire market or market segment, also known as market risk or un-diversifiable risk.

Risk Premium

The additional return required by investors for taking a higher level of risk, compared to a safer investment.

Recession

A significant decline in economic activity spread across the economy, lasting more than a few months, visible in GDP, real income, employment, industrial production, and wholesale-retail sales.