Mass Customization Serves Individual Needs

question 50

True/False

Mass customization serves individual needs.

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Definitions:

Domestic Production

The total value of all goods and services produced within a country's borders.

Imports

Goods or services brought into one country from another for sale, often subject to tariffs, quotas, and trade agreements.

International Trade

The exchange of goods and services between countries, involving exports and imports.

Quota

A government-imposed trade restriction that limits the number or monetary value of goods that can be imported or exported during a specified period.