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The inflight service manager for National Airlines is authorized to distribute drycleaning vouchers to customers who complain about spilled drinks and food on their clothes during turbulent flights. This is an example of a(n) __________ decision to a __________ problem.
Trade Restrictions
Trade restrictions are governmental policies or regulations that limit international trade, including tariffs, quotas, and non-tariff barriers, with the aim of protecting domestic industries.
World Price
The international market price of a good or service, determined through the global supply and demand forces.
World Demand
The total demand for goods and services from all countries around the globe.
World Supply
The total amount of a particular good or service that is available to consumers globally.
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