APICS Certified in Logistics, Transportation and Distribution (CLTD) — Question 46

To prevent the importing of certain luxury good so that a country can use its hard currency on essential goods, governments can refuse to issue a(n):

Answer options

• A. general average.
• B. specific license.
• C. explicit license.
• D. import license.

Correct answer: C

Explanation

The correct answer is C, as an explicit license is specifically needed for certain imports, including luxury goods. By not issuing it, the government can effectively control what can be imported. The other options do not serve the same purpose in restricting imports of luxury goods.