The Organizational Decision to Purchase Production Inputs,components,or Finished Goods from Domestic

question 74

Multiple Choice

The organizational decision to purchase production inputs,components,or finished goods from domestic or foreign producers is known as the ________ decision.

• A)import\export
• B)NTB
• C)preferential
• D)sourcing
• E)security

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Definitions:

Tariff

A tax imposed by a government on imported or exported goods.

Protected

Shielded from harm, damage, or unwanted access, often through legal or regulatory means.

Domestic Price

The price of goods or services within a country's own market, as opposed to international or export prices.

Imported Shoes

Footwear that is produced in one country and then brought into another country for sale, often reflecting differences in fashion, quality, or price.