Match Each Item with the Correct Statement Below

question 99

Multiple Choice

Match each item with the correct statement below.
-The _____ is an agreement that includes the United States,the Dominican Republic and the Central American nations.

• A)exporting
• B)WTO
• C)infrastructure
• D)exchange rate
• E)tariff
• F)import quota
• G)dumping
• H)ISO certification
• I)foreign licensing
• J)multinational corporation
• K)global marketing strategy
• L)multidomestic marketing strategy
• M)countertrade
• N)related party trade
• O)exchange control
• P)customs union
• Q)CAFTA-DR
• R)importer
• S)embargo
• T)franchise

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Definitions:

Inflation

The rate at which the general level of prices for goods and services is rising, eroding purchasing power.

Annual Rate

The interest rate for a period of one year, commonly used to compare investment or loan opportunities.

Market Basket

A selected set of goods and services used to track the price level or inflation in an economy.

Production Sector

An economic segment focused on the production of goods and services, including manufacturing and construction.