Diversification for Stability Argument Is Given as an Excuse for Imposing

question 57

Multiple Choice

Diversification for stability argument is given as an excuse for imposing tariff and quotas against imports in some countries.This argument is based on:

• A)the fact that some of the highly specialized economies such as Saudi Arabia are very dependent on international markets for their income.
• B)the fact that some highly specialized economies such as Cuba do not want any foreign income getting into their country.
• C)the fact that imposing such tariffs and quotas has little economic cost for the host country.
• D)the fact that Canada needs such tariff and quotas to protect its industries.

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Definitions:

Balanced Scorecards

A strategic planning and management system used for aligning business activities to the vision and strategy of the organization.

Domains

Refers to specific areas of interest, expertise, or activity, such as technology, biology, or education, which are used for organizing knowledge or resources.

Performance

The level of accomplishment of a given task measured against preset known standards of accuracy, completeness, cost, and speed.

Aggregation

The process of combining multiple pieces of data or information into a single group or summary value.