Typically, administrative and bureaucratic procedures question 1 options: a. speed up the investment activities of firms b. hinder the activities of importers

The right answer to that question is b) hampering the activities of the importer

Several instruments regulate international trade including the following:

In addition to the trade policy instruments above, there are still several other trade policy instruments. Policies that require government agencies to purchase goods or services from domestic companies, the necessity of imported commodities to meet certain health, safety and environmental requirements, and bureaucratic procedures (red-tape barriers) are instruments that can affect trade flows. Some of the instruments. It was not originally designed as an instrument of trade policy. Goods procurement policies, for example, are generally officially stated as an effort to encourage the performance of domestic companies in practice limiting imports. Likewise, bureaucratic procedures. Procedures that were taken for the sake of an orderly administration of the state administration can be a complicated, non-transparent, and vulnerable process of informal levies practices, which ultimately disrupt export and import activities.

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International Trade

Details

Class: College

Subject: Business

Keywords: Bureaucracy and administration in international trade.

it is d i just took the test

answer; functional fixedness;