In addition to about 11,000 other trade regulations that specify how goods are to be made and marketed, Japanese car safety rules effectively require all automobile replacement parts to be Japanese. Rules like these often function as:.
a) economic infrastructure
b) trade barriers
c) universal codes
d) binding requirements
e) targets for bribery

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One stage of the union organizing process involves the legal requirement that at least 30% of the employees in a potential bargaining unit express a desire for union representation by signing union authorization cards.

Answer(d); /// in the absence of transaction costs,private parties can solve the problem of externalities on their own;