Which of the following calls for economic activity that meets present needs without hindering the future needs of society?
A) privatization
B) state capitalism
C) economic freedom
D) sustainable development
Question 2
Vinson Bicycles, a U.S. firm, is considering the idea of entering the EU market through an international licensing agreement. What is the main disadvantage of this entry method for Vinson?
A) significant financial and political risks
B) foreign investment restrictions
C) limited market opportunities
D) high tariff costs