Which of the Following Is Not a Disadvantage of Using

question 114

Multiple Choice

Which of the following is not a disadvantage of using credit?

• A) Makes it easier to save
• B) The potential high cost
• C) The difficulty in paying back loans
• D) The potential for personal bankruptcy

Understand the concept of political risk and its implications on international business.

Recognize the different laws and regulations that foreign companies face when operating in the United States.

Comprehend the principles of the World Trade Organization and the significance of most favoured nation status.

Identify the role of tariffs in international trade and their impact on local firms and foreign competition.

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Definitions:

Dip-Slip Fault

A fault on which the relative movement is parallel to the dip of the fault.

Strike-Slip Fault

A type of fault where two blocks of the Earth's crust slide past one another horizontally, with little to no vertical movement.

Normal Fault

A type of fault where the hanging wall has moved downward relative to the footwall due to tensional forces.

Horizontal Compression

The force that acts in parallel opposition across the Earth's crust, leading to folding, faulting, or shortening of geological formations.