Ad valorem tariff - Study guides, Class notes & Summaries

WGU D080 Managing in a Global Business Environment 2023/2024 with complete solution Questions What is globalization? The key element of globalization is interdependence and interconnectedness among companies and countries around the globe. Globalism is characterized by an increasing number of worldwide connections, rapid and discontinuous change, an increasing number of diverse participants, and growing complexity. What are the economic, political, and cultural effects of globalization? ...

What are the advantages of a mixed economy? - Answer mirror those of the market economy in that goods and services are distributed where they are most needed. Prices are set by supply and demand, innovation is encouraged, and capital is allocated to the businesses that are the most innovative and efficient. A mixed economy minimizes the disadvantages of a market economy by having a more significant role for government intervention in the market. What are the disadvantages of a mixed econom...

ECS3702 Assignment 3 Semester 1 2023 100% TRUSTED workings, explanations and solutions. For assistance call or whatsapp us on +25479 811 9845 . QUESTION 1 Discuss the potential trade effects and subsequent channels through which the covid-19 pandemic has affected a developing economy such as South Africa. [5 marks] QUESTION 2 Explain briefly In your own words why international trade is important for a developing country. [10 marks] 2 3 QUESTION 3 Consider the following hypothet...

What is the Trans-Pacific Partnership (TPP)? Ans: Trade agreement among 12 pacific rim countries What is PESTS analysis Ans: Political Economic Social Technological Sustainability 4 major IPR's Ans: Copyrights Trademarks Patents Trade secrets 2 2 major trade barriers Ans: Tariffs Quotas Different types of tariffs Ans: ad valorem, specific combination Different types of quotas Ans: Absolute Tariff-rate Do we still have quotas on textiles and apparel? If not, WHY is that?...

Customs Broker Exam Questions with Correct Answers Stainless steel tattooing needles are designed for use in a hand-held, tattooing machine that features a self-contained electric motor? The needles are dipped in ink and placed in the hand-held machine that utilizes a vibratory action to drive the needle in an up-and-down fashion. This causes the needle tips to pierce the top layer of skin and deposit the ink into the second or dermal skin layer. What is the classification of the stainless s...

BUSI 3250 Exam 2 | Verified with 100% Correct Answers Nationalization is also called Expropriation the taking of private property by a government to make it public Nationalization US Government took over ownership of what company during crisis of ? GM the selling of government owned property to the private sector to gain more efficiency in business operations, to raise money or to change in political climate/philosophy Privatization (why governments sell businesses) Protect the economic activi...

Stereotype - correct answer Broad generalization about an individual or groups of people Prejudice - correct answer A judgment or opinion formed before the facts are known, usually involving negative or unfavorable thoughts about groups of people Discrimination - correct answer Action based on prejudiced thought When observing a traveler's vehicle, what are 4 things to look for? - correct answer 1. Is vehicle "too" clean? 2. Are there signs of modifications? (Rim that does not match...

Chapter 03 Business in a Borderless World True / False Questions 1. International business involves the buying, selling, and trading of goods and services across national boundaries. True False 2. Nations trade with other nations to obtain resources that would otherwise be unavailable to them. True False 3. Importing is the sale of goods and services to foreign markets. True False 4. When a nation imports more than it exports, it has a pos...

Customs Broker Exam Questions with Correct Answers Stainless steel tattooing needles are designed for use in a hand-held, tattooing machine that features a self-contained electric motor? The needles are dipped in ink and placed in the hand-held machine that utilizes a vibratory action to drive the needle in an upand-down fashion. This causes the needle tips to pierce the top layer of skin and deposit the ink into the second or dermal skin layer. What is the classification of the stainle...

ECON 333 Exam 2 Practice Exam Latest Verified Review 2023 Practice Questions and Answers 100% Correct with Explanations Paper Midterm Fall For Exam Preparation Highly Recommended Graded A+ 1. If Canada imposes a tariff on coffee and if no coffee is grown in Canada, this tariff: A. has only protective effects. B. has no revenue effects. C. would be considered a pure revenue tariff. D. all of the above are correct. 2. Trade adjustment assistance (TAA) A. provides transfer payments...