Which of the Following Statements Is True

question 254

Multiple Choice

Which of the following statements is true?

• A)Free trade benefits a country when it exports but harms it when it imports.
• B)"Voluntary" limits on Canadian exports of hogs are better for the United States than U.S.tariffs placed on Canadian hog exports.
• C)Tariffs and quotas differ in that tariffs work like a tax and therefore impose deadweight losses,whereas quotas do not impose deadweight losses.
• D)Free trade benefits a country both when it exports and when it imports.

Understand the core principles of professional selling, including the salesperson's approach and honesty.

Distinguish the differences between various sales presentation methods.

Appreciate the role of audience analysis in selecting the appropriate sales presentation method.

Recognize the importance of the salesperson's knowledge about the prospect and product in delivering effective presentations.

---

Definitions:

Entrepreneurship

The process of designing, launching, and running a new business or venture.

Primary Dimension

Fundamental or essential aspects or elements of a subject, object, or concept.

Ethnic Heritage

The background, traditions, values, and customs passed down through generations within a particular ethnic group.

Transition Counseling

Transition Counseling is specialized support provided to individuals undergoing significant changes in their personal or professional lives.