A specification of a maximum amount of a foreign produced good that will be allowed to enter the country over a given time period is referred to as
a. a domestic subsidy.
b. an export subsidy.
c. an import quota.
d. an export quota.
c. an import quota.
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Indicate whether the statement is true or false
Broad differentiation strategies generally work best in market situations where
A. the products of rivals are weakly differentiated and most competitors are resorting to clever advertising to try to set their product offerings apart. B. low-cost value drivers are easily obtained. C. socially complex intangible attributes such as company reputation, long-standing relationships with buyers, and image are relatively easier to imitate. D. technological change is fast-paced and competition revolves around rapidly evolving product features. E. market competition revolves around slowly evolving product features.
Identify the conjunction in the sentence. Often, temporary employment gives new graduates practical experience and exposes them to attractive work environments
Jenny is an officer of a corporation. She made a difficult business decision. When challenged about her decision, the court ruled she had acted in good faith and that the business judgment rule applied. As such:
a. Jenny will not be held personally liable for a decision that results in money losses to the company. b. Jenny's decision will be reviewed by a court. c. Jenny is immune from a lawsuit. d. Jenny must resign from the board.