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31) Trusted Wholesalers a company that currently purchases products made

Question : 31) Trusted Wholesalers a company that currently purchases products made : 1410602

 

31) Trusted Wholesalers is a company that currently purchases products made in Mexico and sells them to companies based in the United States and Canada. Trusted Wholesalers is considering whether to also purchase products produced in Costa Rica and the Dominican Republic. To make their decision, members of management at Trusted Wholesalers will most likely evaluate the agreements made by ________.

A) the EU

B) NAFTA

C) CAFTA-DR

D) MCAN

E) UNASUR

32) Formed in 2004 and formalized in 2008, ________ makes up the largest trading block after NAFTA and the European Union.

A) CAFTA-DR

B) FTAA

C) UNASUR

D) MCAN

E) GATT

 

33) The two key economic factors reflecting a country's attractiveness as a market are its industrial structure and its ________.

A) communication adaptation

B) nontariff trade barriers

C) exchange controls

D) income distribution

E) transportation systems

 

34) A country's ________ shapes its product and service needs, income levels, and employment levels.

A) international trade system

B) income distribution

C) industrial structure

D) political structure

E) foreign exchange system

 

35) Which of the following is a type of industrial structure?

A) marketing economies

B) subsistence economies

C) laissez-faire economies

D) capitalistic economies

E) socialistic economies

36) In a(n) ________, the vast majority of people engages in simple agriculture and consumes most of their output.

A) raw material economy

B) subsistence economy

C) industrializing economy

D) emerging economy

E) industrial economy

 

37) Which of the following industrial structures presents the fewest market opportunities?

A) subsistence economies

B) raw material exporting economies

C) industrializing economies

D) emerging economies

E) industrial economies

 

38) A(n) ________ economy is rich in one or more natural resources but poor in other ways and much of its revenue comes from exporting its natural resources.

A) industrial

B) industrializing

C) raw material exporting

D) subsistence

E) agrarian

 

39) Which of the following is an example of a raw material exporting economy?

A) Sweden

B) Russia

C) the United Kingdom

D) Chile

E) Brazil

40) Coffee, tea, cotton, and tobacco are the main exports of Uganda. It is most likely that Uganda has a(n) ________ economy.

A) subsistence

B) marketing

C) merchandise exporting

D) raw material exporting

E) industrializing

 

 

 

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