________ Is the Use of Government Regulations to Limit the Import

question 237

Multiple Choice

________ is the use of government regulations to limit the import of goods and services.

• A) Trade protectionism
• B) Fiscal policy
• C) Countertrade policy
• D) Monetary policy

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Definitions:

Warehousing

The act of storing goods that will be sold or distributed later, involving a wide range of activities including holding, handling, and managing inventory.

Airfreight

The transportation of goods by aircraft, often used for moving high-value or time-sensitive products over long distances quickly.

Accessibility

The ease with which people can reach, enter, or access a place, product, or service, often considering those with disabilities.

Supply Chain

The entire system comprising people, organizations, resources, processes, and technology that participate in producing and selling a good, starting from supplying raw materials to manufacturing and eventually reaching the consumer.