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The government changes its foreign-trade policy by reducing restrictions, creating new opportunities for exporters. Which dimension of the business environment is primarily involved?

Answer and explanation

Correct answer: Political dimension

The focus is on the government's choice of foreign-trade policy, so the political dimension is primary. The policy can have economic effects, but the question asks about the government decision behind it.

Related tags

Business EnvironmentPolitical DimensionTrade PolicyDimensions Of Business EnvironmentBusiness StudiesClass 12 Mcq

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