BUSHMR 2000 Exam 2 Questions and Answers | 100% Pass
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Course
BUSMHR
Institution
BUSMHR
BUSHMR 2000 Exam 2 Questions and
Answers | 100% Pass
In order to encourage the agricultural industry, the French government provided low-
interest loans for the purchase of seeds and fertilizers. The government also gave cash
grants and made tax reductions. Which instrument of trade policy is b...
imports that are over the quota. - Answer✔✔-imports within the quota.
A foreign government was not enforcing its intellectual property rights, which resulted in
massive copyright infringements. In turn, this was costing U.S. companies millions of
dollars in lost sales revenues. To force the country to play by the rules, the United
States threatened to impose trade sanctions on a range of imports from the country's
businesses. The underlying motive for intervention by the U.S government was
to protect national security.
to further support foreign policy objectives.
retaliation.
to increase the trade surplus of the United States.
to protect human rights. - Answer✔✔-retaliation
An implication of trade barriers for business practice is that they
reduce the cost of importing products to a country.
put a foreign firm at a competitive advantage to indigenous competitors in that country.
allow for efficient allocation of production functions.
limit a firm's ability to serve a country from locations outside of that country.
encourage governments to engage in foreign direct investment. - Answer✔✔-limit a
firm's ability to serve a country from locations outside of that country.
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