Complete the following using the terms listed below.
-______ are foreign-made products and services purchased by domestic consumers.
A)offshoring
B)balance of trade
C)joint venture
D)dumping
E)imports
F)tariff
G)International Monetary Fund
H)World Trade Organization
I)free trade area
J)devaluation
K)exchange rate
L)absolute advantage
M)global strategy
N)quota
O)multidomestic strategy
P)balance of payments
Q)Comparative advantage

Question

Quizplus · Accepted Answer

Imports are foreign-made products and services purchased by domestic consumers.

(alternatively)

Answer: N
 Quotas limit the amount of foreign-made products that can be imported into a country.

Complete the Following Using the Terms Listed Below