In international trade, the main purpose of a quota is to
A) limit the quantity of a product that can be imported into a country
B) create a positive impact on the foreign exchange rate
C) generate tax income from imported goods
D) all of the above
A
Business
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Which statement(s) is/are true about subrogation?
I. Subrogation supports the principle of indemnity. II. Subrogation helps to keep insurance premiums lower. (a) I only (b) II only (c) both I and II (d) neither I nor II
Business
When extending a product to an overseas market, what type of governmental influences must be considered?
A) cultural preferences B) size and packaging C) language differences D) tariffs and trade barriers E) business customs
Business