Barriers to Trade

question 93

Multiple Choice

Barriers to trade:

• A) are a political issue but affect the cost of imports only 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 the above.
• E) two of A, B, and C.

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Definitions:

MTBF

Mean Time Between Failures, a reliability metric that denotes the average time between failures of a system or component.

Product Reliability

The likelihood that a product will not fail within a specific period under specified conditions.

Registration

The process of officially recording or enrolling something or someone in a list, database, or system, often for legal, official, or regulatory purposes.

Probability Of Failure

The likelihood, often expressed as a percentage or ratio, that a system or component will not perform its intended function within a specified period.