Barriers to Trade

question 114

Multiple Choice

Barriers to trade

• A) are a political issue, but don't affect the cost of imports except marginally.
• B) cost consumers billions of dollars per year.
• C) save jobs in unprotected industries at $231,289 per job per year.
• D) None of these responses completes the phrase accurately.

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Definitions:

Business Products

Goods and services that are purchased or leased for commercial use, direct use in producing other goods or services, or for resale.

Ancillary Products

Products or services that are supplementary to a main product or service, often enhancing the value or experience of the main offering.

Wholesale Goods

Goods sold in large quantities at reduced prices, typically to retailers who then sell them to the public.

Retail Products

Goods that are sold to the public through stores, online, or other channels, typically for personal or household use.