The Future Action Plan Component of the Feasibility Study Includes

question 26

Multiple Choice

The future action plan component of the feasibility study includes which of the following elements?

• A) Profitability
• B) The competition
• C) Legal restrictions and rights
• D) Writing a business plan

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Definitions:

Trade Restrictions

Government-imposed limitations on the exchange of goods and services between countries, including tariffs, quotas, and embargoes.

Free Trade

is a policy followed by some international markets in which countries' governments do not restrict imports from, or exports to, other countries.

Domestic Jobs

Employment opportunities within a country's borders, as opposed to jobs located overseas.

Free International Trade

The exchange of goods and services between countries without the imposition of restrictions such as tariffs, quotas, or subsidies.