Answer:
Option B, Administrative trade policies, is the right answer.
Explanation:
The bureaucratic rules or laws that are intentionally designed to regulate the flow of a special import into a nation or country are called the administrative trade policies. Such a policy is implemented by the government to boost exports and restrict imports. It is done by reducing the indirect tax to a level where the production cost and product price is reduced.
Answer:
a. Complementary
B. Complementary
C. Substitute
D. Substitute
E. Complementary
F. Complementary
G. Substitute
I. Complementary
J. Substitute
K. Complementary
Explanation:
Complementary goods are goods that are goods used with other goods or service. A complementary good has no value when consumed without the other goods but increases appeal and therefore value when consumed in conjunction with other goods such as ice cream and the cone above. On the other hand, substitute goods are alternative goods that may be chosen over the other and therefore are competing goods in the market.
Answer:
The British Navy defeated the Chinese using technologically superior ships and weapons.
Explanation:
