Which of the Following Is Not an Advantage of Using

question 50

Multiple Choice

Which of the following is not an advantage of using ATM cards?

• A) It is an easy and convenient way to withdraw funds.
• B) Your total banking expenses will be lower.
• C) You have access to your account any time of the day.
• D) You can bank at remote locations all over the world.

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Definitions:

Negotiated Tariff Rates

Tariff rates established through bargaining processes between countries, rather than being set unilaterally or based on a standard formula.

Tariff Revenue

Income earned by a government through the imposition of tariffs or taxes on imported goods.

Domestic Price

The price at which goods or services are sold within a country's own market, excluding any tariffs, duties, or international shipping costs.

Free Trade

The free trade of goods and services across nations without the application of restrictions like tariffs, duties, and quotas.