The World Trade organization uses tariffs and quotas to protect favoured nations from foreign competition.
Correct Answer:
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Q3: Direct investment strategies require major capital commitments
Q18: Global businesses conduct for-profit transaction of goods
Q20: Global managers keep informed about international developments
Q21: Tariffs are taxes governments levy on imports
Q21: The World Trade Organization (WTO) is a
Q24: The Nations that make up NAFTA facilitate
Q27: A foreign subsidiary is a local operation
Q28: Transnational corporations view the entire world as
Q33: The European Union is a group of
Q34: Protectionism is used by the members of
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