Which of the following allocates import licenses on a first-come, first-served basis; on the basis of need or worthiness; or on the basis of negotiations?
A. resource-using application procedures
B. import-license auction
C. fixed favoritism
D. domestic content requirement
Answer:A
Which of the following allocates import licenses on a first-come, first-served basis; on the basis of need or worthiness; or on the basis of negotiations?
A. resource-using application procedures B. import-license auction C. fixed favoritism D. domestic content requirement