An artificial barrier to international trade is?
political unrest
culture of the people
units of measurement
custom duties
Correct answer is D
The three major barriers to international trade are natural barriers, such as distance and language; tariff barriers, or taxes on imported goods; and non-tariff barriers. The non-tariff barriers to trade include import quotas, embargoes, buy-national regulations, and exchange controls.
Customs Duty refers to the tax that is imposed on the transportation of goods across international borders.
One of the functions of the wholesaler is to?
forecast prices
reduce prices of goods
promote sales
analyse sales periodically
Correct answer is C
No explanation has been provided for this answer.
A chain store usually combines the features of?
mulitiple shops and departmental stores
hypermarkets and stalls
multiple shops and hypermarkets
mail order business and multiple stops
Correct answer is A
No explanation has been provided for this answer.
The major components of modern retailing include?
branding, doorstep selling and customer stimulation
branding, sales promotion and mail order
chain store, customer stimulating and doorstep selling
branding, supermarkets and after sales-service
Correct answer is D
Modern retail stores include discount stores, hypermarkets, supermarkets, department stores, specialty stores, convenience stores.
Primary production is associated with?
banking
manufacturing
agriculture
construction
Correct answer is C
Primary production encompasses agricultural activities, aquaculture, fisheries, and similar processes resulting in raw food materials.