__________ Refers to Such Tactics as Paying People to Say

question 439

Multiple Choice

__________ refers to such tactics as paying people to say good things about a product on the Internet or setting up multilevel selling schemes that reward people for directing their friends to a company's website.

• A) Virtual inducement
• B) Cyber offers
• C) Viral marketing
• D) Pseudo-marketing

Understand the expectations of interviewers during job interviews.

Recognize the importance of asking questions as a job candidate.

Understand the concept of trade balances, including deficits and surpluses.

Analyze the factors influencing net exports and net capital outflow.

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Definitions:

Tariff

A tax imposed by a government on goods and services imported from other countries to encourage domestic consumption and protect the local industry.

Producer Surplus

The discrepancy between the price at which sellers are prepared to offer a product and the actual price it sells for.

Total Surplus

The sum of consumer and producer surplus, representing the total net benefit to society from the production and consumption of goods.

Free-Trade Policy

A policy approach that encourages international trade by minimizing tariffs, duties, and other barriers to import and export.