Examlex
Which of the following trends identified in an environmental scan is a social trend?
Trading Bloc Agreements
These are agreements between groups of countries, often geographically proximate, to promote trade among themselves by reducing trade barriers like tariffs and import quotas.
Trade Restrictions
Measures implemented by governments to control the import and export of goods and services, often to protect domestic industries and jobs.
Export Subsidy
A government policy to encourage export of goods and services through direct payments, tax relief, or other financial incentives.
Net Welfare
The overall well-being of individuals or society, accounting for all benefits and costs, including those that are not traded in markets.
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