Which of the Following Is True About Closer Global Linkages

question 28

Multiple Choice

Which of the following is true about closer global linkages and domestic policy makers?

• A) They have more effective tools to carry out their responsibilities.
• B) They find themselves with decreasing responsibilities.
• C) They find it easy to distinguish between domestic and international economic activities.
• D) They have imposed import regulations to restrict the impact of global trade.

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Definitions:

Merchandisers

Companies or individuals involved in the business of retailing or wholesaling goods.

Wholesalers

Merchants who buy goods from suppliers and manufacturers for sale to retailers.

Retailers

Merchants who buy goods from wholesalers for resale to customers.

Credit Terms

Conditions under which credit is extended by a seller to a buyer, detailing the repayment period, interest rate, and penalties for late payment.