When a Country Exports and Imports the Same Product to Satisfy

question 10

Multiple Choice

When a country exports and imports the same product to satisfy consumer demands for product variety,that country is engaged in:

• A)deceptive trade.
• B)duplicate trade.
• C)intra-industry trade.
• D)agglomeration.

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Definitions:

Crisis Management Plans

Strategies and procedures developed by an organization or entity to address and manage a significant emergency or threat effectively.

Communicating

The process of exchanging information and understanding between two or more individuals, through verbal, non-verbal, or written methods.