Which of the following refers to the overall output of goods or services produced divided by the inputs needed to generate that output?

A) yield
B) efficiency
C) effectiveness
D) productivity

Answer: D

Business

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A nontariff barrier (NTB) is a hidden trade barrier that is a deterrent or obstacle to the sale of products in a foreign market

Indicate whether the statement is true or false

Business

Which of the following is most efficient for short hauls of high-value merchandise and is highly flexible in its routing and time schedules?

A) water carriers B) pipeline C) trucks D) air carriers E) railroads

Business