Ministries of Foreign Trade in many developing countries tend to favor light industry imports and to ...

Ministries of Foreign Trade in many developing countries tend to favor light industry imports and to restrict heavy industry imports.
 
 Indicate whether the statement is true or false

Question 2

Consumers acquire items that reflect not only their current social class but also their:
 A) class aspirations.
  B) class consumption.
  C) altruism.
  D) selfishness.
  E) greed.

Question 3

Vietnam received the Permanent-Normal-Trade-Relations (PNTR) Status, which means it will be subject to the same customs and tariffs as other PNTR countries.
 
 Indicate whether the statement is true or false

Question 4

The U.S. government supports countertrade for the sale of weapons and aircraft.
 
 Indicate whether the statement is true or false

Question 5

Goods or services become _____ to indicate their owners' place in the social hierarchy.
 A) parody symbols
  B) urban myths
  C) idiomatic symbols
  D) status symbols
  E) iconographs

Question 6

Granting of the Permanent-Normal-Trade-Relations (PNTR) Status is seldom linked to U.S. foreign policy.
 
 Indicate whether the statement is true or false

Question 7

The World Trade Organization has a policy that promotes government-mandated countertrade.
 
 Indicate whether the statement is true or false

Question 8

_____ is the acquisition and display of goods and services to show off one's status.
 A) Misanthropic tendency
  B) Virtual provisioning
  C) Involuntary consumption
  D) Conspicuous consumption
  E) Utilitarian consumption