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Author Question: The ability to develop successful new products is critical to a company's sales, future growth, and ... (Read 276 times)

abarnes

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on: Jun 29, 2018
The ability to develop successful new products is critical to a company's sales, future growth, and long-term survival potential.
 
 Indicate whether the statement is true or false

Question 2

The Multifiber Arrangement is an example of
 a. a nonautomatic import license. c. a price control.
  b. a voluntary import expansion. d. an orderly market arrangement.


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macagn

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Reply #1 on: Jun 29, 2018
Answer to Question 1

True

Answer to Question 2

D
The Multifiber Arrangement was initiated as a temporary measure in 1974 . It was an orderly market arrangement - an intricate process of establishing quotas in the textile and apparel industries, initiated by the U. S. and Europe, whose textile operations were moving to Asia to take advantage of cheaper labor.


abarnes

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Reply #2 on: Jun 29, 2018
Thank you :)


macagn

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Reply #3 on: Jun 29, 2018
Happy to help you


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