The Dominant Course for Foreign Policy Throughout Most of American

question 13

Multiple Choice

The dominant course for foreign policy throughout most of American history can be categorized as

• A)protectionism.
• B)internationalism.
• C)isolationism.
• D)neoconservatism.
• E)containment.

---

Definitions:

Direct Materials Cost

The cost of raw materials that are directly involved in the production of a product, easily traceable to the finished product.

Standard Direct Materials

The predetermined cost and quantity of raw materials expected to be used in manufacturing a product.

Standard Costs

Predetermined or budgeted costs serving as a benchmark for evaluating actual performance and cost control.

Cost Control

The practice of identifying and reducing business expenses to increase profits, involving the analysis and management of cost elements.