Ask Question
BusinessBusiness
21 January, 00:36

Alana lives in a country in which the government does not impose quotas on what can be imported or on what businesses can produce and sell to another country. What type of situation does this describe?

+2
Answers (1)
  1. 21 January, 03:22
    0
    Free-market

    Explanation:

    As Alana can import without paying quotas to the government the economy i nthis country is of free-market. The government doesn't try to restrict their citizens from the goods and services offered fro manother countries.

    Same is true for the sale of national product to abroa, there is no qupta, tariff or additional cost involved in trade thant those generated from the transactions. It is tax-free to import and export
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Alana lives in a country in which the government does not impose quotas on what can be imported or on what businesses can produce and sell ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
The reason management skills create a competitive advantage for people and organizations is because they are hard to master. True False
Answers (2)
Sally hires a maid to work in her home for $280 per month. The maid is 25 years old and not related to Sally. During 2019, the maid worked 9 months for Sally. Do not round immediate computations and round your final answers to two decimal places. a.
Answers (1)
In cell J5, enter a formula to calculate the gross education revenue by subtracting the education discount rate from 1, multiplying the result by the cost per attendee and multiplying by the number of education attendees.
Answers (1)
1 of 5) What makes a Project budget different from a Living budget? A. A project budget will never have a surplus B. A project budget is not used to increase savings C. A project budget is only for a specific period of time D.
Answers (2)
After startup, what is the single most important tool the small business owner has at his or her disposal for ensuring the success of the business? why is it so crucial?
Answers (1)
New Questions in Business
True or false fdr was eager to use deficit spending to end the economic crisis.
Answers (1)
If supply increases while demand decreases A. the equilibrium quantity will definitely increase. B. the equilibrium price will definitely decrease. C. the equilibrium quantity will definitely decrease. D.
Answers (1)
To sit next to her mother at a restaurant, diana pushes her little brother mark out of the way. what type of aggression is this?
Answers (1)
Roger Technologies invests $50,000 to acquire $50,000 face value, 8%, five-year corporate bonds on January 2, 2017. The bonds will mature on January 2, 2022. The bonds pay interest semiannually on January 2 and July 2 each year until maturity.
Answers (1)
At the beginning of the year, Sigma Company's balance sheet reported Total Assets of $195,000 and Total Liabilities of $75,000. During the year, the company reported total revenues of $226,000 and expenses of $175,000.
Answers (1)
Home » Business » Alana lives in a country in which the government does not impose quotas on what can be imported or on what businesses can produce and sell to another country. What type of situation does this describe?
Sign Up Forgot Password?