Many Countries Have a Network of Government-Sponsored Commercial Delegations That

question 57

Multiple Choice

Many countries have a network of government-sponsored commercial delegations that provide valuable information to firms that desire to do business in that country.One of the most noteworthy of these is found in _____ and is called _____.

• A)Britain; Britannia Net
• B)Canada; Canada First
• C)Japan; Japan External Trade Organization (JETRO)
• D)the United States; Buy American
• E)Mexico; the Mexican Organization of Commercial Enterprise (MOCE)

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Definitions:

Inflation Rate

The rate at which the general level of prices for goods and services is rising and, subsequently, purchasing power is falling.

Market Basket

A selected set of goods and services used to track changes in prices and inflation over time, representing the typical consumption of a household.

CPI

A gauge of the weighted average cost of a selection of consumer goods and services, including transportation, healthcare, and food, known as the Consumer Price Index.

CPI

Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services.