Which of the following is an example of economic regulation?
A)Restrictions on shipping hazardous materials.
B)C-TPAT.
C)Restrictions on truck driver hours.
D)Restrictions on the type of logistics services a provider can offer.

Question

Quizplus · Accepted Answer

Restrictions on the type of logistics services a provider can offer is an example of economic regulation. This type of regulation involves government intervention in commercial activities to promote economic efficiency and/or protect consumers. In this case, the government is limiting the types of services a logistics provider can offer to ensure fair competition and prevent monopolies. Choices A, B, and C are examples of safety and security regulations, not economic regulations.

Which of the Following Is an Example of Economic Regulation