Business Location Flashcards

1
Q

Costs of premises

A

Business and water rates.Utility bills,property insurance.Security.Repairs and maintenance of business premises and equipment

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2
Q

Protectionist measures

A

policies that governments use to protect their own businesses against foreign competition

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3
Q

Tariff

A

Is a tax on foreign goods imported into a country

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4
Q

Imports

A

Are goods and services purchased from overseas by consumers of businesses

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5
Q

Quota

A

Is a limit on the number of foreign goods imported into a country

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