Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

rules ensuring that businesses offer safe products to consumers are par…

Question

rules ensuring that businesses offer safe products to consumers are part of a nations
○ trade policy.
○ monetary policy.
○ regulatory policy.
○ fiscal policy.

Explanation:

Brief Explanations
  • Trade policy focuses on international trade (imports/exports), not product safety for consumers.
  • Monetary policy deals with money supply, interest rates, etc., to manage the economy, not product safety rules.
  • Regulatory policy involves government rules to regulate businesses (like ensuring product safety) to protect consumers/public.
  • Fiscal policy is about government spending and taxation to influence the economy, not product safety regulations.

Answer:

C. regulatory policy.