Ad valorem tariff - Study guides, Class notes & Summaries

CBP Exam 5, Top Questions and answers, 100% Accurate. Graded A+ Stereotype - -Broad generalization about an individual or groups of people Prejudice - -A judgment or opinion formed before the facts are known, usually involving negative or unfavorable thoughts about groups of people Discrimination - -Action based on prejudiced thought When observing a traveler's vehicle, what are 4 things to look for? - -1. Is vehicle "too" clean? 2. Are there signs of modifications? (Rim that d...

Business ethics - accepted principles of right or wrong governing the conduct of business people Ethical strategy - A course of action that does not violate a company's business ethics Ethical Issues in International Business - Employment practices Human Rights Environmental pollution Foreign Corrupt Practices Act - US law regulating behavior regarding the conduct of international business in the taking of bribes and other unethical actions Convention on combating Br...

CBP Exam 5 Questions With Verified Answers. Stereotype - answerBroad generalization about an individual or groups of people Prejudice - answerA judgment or opinion formed before the facts are known, usually involving negative or unfavorable thoughts about groups of people Discrimination - answerAction based on prejudiced thought When observing a traveler's vehicle, what are 4 things to look for? - answer1. Is vehicle "too" clean? 2. Are there signs of modifications? (Rim that does not...

Free Trade - ANSWER-When governments do not attempt to restrict what citizens can buy from another country or what they can sell to another country. Tariffs - ANSWER-Taxes levied on imports that effectively raise the cost of imported products relative to domestic products. Specific Tariffs - ANSWER-Levied as a fixed charge for each unit of a good imported Ad Valorem Tariff - ANSWER-Levied as a proportion of the value of the imported good Subsidies - ANSWER-Government payments to dome...

Specific Tariff levied as a fixed charge for each unit of a good Ad Valorem Tariff levied as a proportion of the value of the imported good Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:00 / 0:15 Full screen Brainpower Read More Subsidies gov't payments to domestic producers import quotas restrict quantity that may be imported into a country tariff rate quotas lower tariff applied to imports within quota than those over the ...

free trade → -:- govt does not attempt to restrict what its citizens can buy from another country or sell to another country tariffs, subsidies, import quotas, voluntary export restraints, local content requirement, antidumping policies → -:- 6 instruments of trade policy tariff → -:- a tax levied on imports that effectively raises the cost of imported products relative to domestic products increases govt revenues, protects domestic producers from foreign competitors, pro-produ...

Instruments of trade policy correct answers • Tariffs • Subsidies • Import quotas • Voluntary export restraints • Local content requirements • Administrative policies • Antidumping policies tariff correct answers A tax levied on imports specific tariff correct answers Levied as a fixed charge for each unit of good imported ad valorem tariff correct answers Levied as a proportion of the value of the imported good subsidy correct answers a government payment t...

free trade → -:- government does not attempt to restrict what citizens can buy from another country or what they can sell to another country tariffs → -:- A tax on imports that effectively raises the cost of imported products relative to domestic products special tariffs → -:- levied as a fixed charge for each unit of a good imported Ad Valorem Tariff → -:- can increase government revenues, provide protection to domestic producers against foreign competitors by increasing th...

WGU D080 - Managing in a Global Business Environment Exam | Questions & Answers (100% Verified) WGU D080 - Managing in a Global Business Environment Exam | Questions & Answers (100% Verified) WGU D080 - Managing in a Global Business Environment Exam | Questions & Answers (100% Verified) WGU D080 - Managing in a Global Business Environment Exam | Questions & Answers (100% Verified) WGU D080 - Managing in a Global Business Environment Exam | Questions & Answers (100% Verified) antimonopoly laws/an...

Common Law - ANSWER-Judges interpret the law, and judicial rulings can set precedent Religious Law - ANSWER-Is based on religious guidelines Customary Law - ANSWER-Can vary from community to community and is found in countries without strong formal justice systems Canon Law - ANSWER-This system is the body of laws and regulations made by a religious authority governing communities Special Drawing Rights - ANSWER-The international type of monetary reserve currency created by the IMF TRIP...