Homework Answers
Answer
trade promotions are promotions of export of a country with
subsidies, financing, foreign trade zones and special government
agencies support
The local content requirement is a restriction on the import of
goods as per the % of goods produced in a country.
option 3
local content requirements
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Question 39 2.5 pts Which of the Following is NOT a trade promotion method: Foreign trade...
Match the example to the correct trade instrument. A. specific tariff B. subsidies C. import quotas...
Match the example to the correct trade instrument. A. specific tariff B. subsidies C. import quotas D. voluntary export restraints (VERs) E. local content requirements F. administrative policies G. antidumping policies H. ad valorem tariff 1.U.S. imposes 2.5% tariff on imported watches 2. U.S. levies a $1 tariff on imported watches 3. Specific % of television imports must be produced domestically 4. Drug unapproved by FDA is banned in the U.S. 5. U.S. restricts the number of imported video games...
QUESTION 36 Which of the following is most likely to increase U.S. exports? O a. The...
QUESTION 36 Which of the following is most likely to increase U.S. exports? O a. The government reduces the size of the budget surplus. Ob. The government gives subsidies to U.S. firms that export goods or services. OC. Taxes on domestic saving rise. Od. The United States unilaterally reduces its restrictions on foreign imports.
QUESTION 1 Which of the following statements is true: There are more tertiary goods...
QUESTION 1 Which of the following statements is true: There are more tertiary goods traded than primary goods There are more tertiary goods traded than secondary goods There are fewer secondary goods traded than primary goods There are more secondary goods traded than tertiary goods QUESTION 2 Non-tariff barriers to trade include all but the following: Local content requirements Government subsidies Taxes on imports ...
Which of the following is true of foreign trade zones? a.Companies that have set up manufacturing...
Which of the following is true of foreign trade zones? a.Companies that have set up manufacturing plants within the foreign trade zones are free from paying duty on defective materials. b.These are areas that are physically outside U.S. soil but are considered to be inside U.S. commerce. c.Federal government has made it mandatory for U.S. companies to set up manufacturing plants within the foreign trade zones. d.Goods entering foreign trade zones are subject to duty until they leave the zones.
All but which of the following is a non-tariff barrier to trade? Product safety requirements Import...
All but which of the following is a non-tariff barrier to trade? Product safety requirements Import quotas Local content requirements Banning foods containing genetically-modified organisms (GMOs)
public health Question 39 Which of the following best describes how the United Kingdom's healthcare system...
public health
Question 39 Which of the following best describes how the United Kingdom's healthcare system is more focused on social justice than the healthcare system in the United States? Not yet Por out of 1.00 Flag question Select one: O A. Privately owned and administered hospitals provide premium services for selected individuals. O B. Healthcare insurance coverage is universal and comprehensive with little cost sharing involved O C. There are no financial incentives for general practitioners or physicians. OD....
preferential trade area Question 4 1p Which of the following is a major driver of foreign...
preferential trade area Question 4 1p Which of the following is a major driver of foreign direct investment? vertical integration horizontal integration globalization cultural diversity Ouestion 5 1 nts OEI
Question 31 (2.5 points) Which of the following is not likely to promote free trade in...
Question 31 (2.5 points) Which of the following is not likely to promote free trade in lumber between countries? Lumber demand differences between countries. Profit-seeking lumber arbitrageurs. Pre-trade lumber prices that are equal across countries. Lumber supply differences between countries. Question 33 (2.5 points) Use following graph below to answer the question below: Supply and demand curves are drawn on a grid from which you can read corresponding prices and quantities. The curves represent the domestic market for a good...
O Questi Questi ts Questi 1.67 pts Question 31 Questi Time Running: Estimates of U.S. job...
O Questi Questi ts Questi 1.67 pts Question 31 Questi Time Running: Estimates of U.S. job gains and losses due to free trade agreements Attempt due: Dec 2 Hours, 6 Minu show no change in jobs. ons show clear gains in the number of jobs. O show clear losses in the number of jobs. show mixed results, leading to no clear conclusion. Next • Previous The original European Economic Community was a free trade area, O had a common language....
2.5 pts Question 15 Which of the following is a positive economic statement? The government should...
2.5 pts Question 15 Which of the following is a positive economic statement? The government should close Income tax loop Everyone should live at the same standard of living If the price of mine rises, a smaller quantity of it will be bought. U.S.forms should not be allowed to outsource production of goods and services. 2.5 pts Question 16 Suppose the economy is at a short-run equilibrium GDP that lies below potential GDR Which of the following will occur because...
QUESTION 36 Which of the following is most likely to increase U.S. exports? O a. The government reduces the size of the budget surplus. Ob. The government gives subsidies to U.S. firms that export goods or services. OC. Taxes on domestic saving rise. Od. The United States unilaterally reduces its restrictions on foreign imports.
public health
Question 39 Which of the following best describes how the United Kingdom's healthcare system is more focused on social justice than the healthcare system in the United States? Not yet Por out of 1.00 Flag question Select one: O A. Privately owned and administered hospitals provide premium services for selected individuals. O B. Healthcare insurance coverage is universal and comprehensive with little cost sharing involved O C. There are no financial incentives for general practitioners or physicians. OD....
preferential trade area Question 4 1p Which of the following is a major driver of foreign direct investment? vertical integration horizontal integration globalization cultural diversity Ouestion 5 1 nts OEI
Question 31 (2.5 points) Which of the following is not likely to promote free trade in lumber between countries? Lumber demand differences between countries. Profit-seeking lumber arbitrageurs. Pre-trade lumber prices that are equal across countries. Lumber supply differences between countries. Question 33 (2.5 points) Use following graph below to answer the question below: Supply and demand curves are drawn on a grid from which you can read corresponding prices and quantities. The curves represent the domestic market for a good...
O Questi Questi ts Questi 1.67 pts Question 31 Questi Time Running: Estimates of U.S. job gains and losses due to free trade agreements Attempt due: Dec 2 Hours, 6 Minu show no change in jobs. ons show clear gains in the number of jobs. O show clear losses in the number of jobs. show mixed results, leading to no clear conclusion. Next • Previous The original European Economic Community was a free trade area, O had a common language....
2.5 pts Question 15 Which of the following is a positive economic statement? The government should close Income tax loop Everyone should live at the same standard of living If the price of mine rises, a smaller quantity of it will be bought. U.S.forms should not be allowed to outsource production of goods and services. 2.5 pts Question 16 Suppose the economy is at a short-run equilibrium GDP that lies below potential GDR Which of the following will occur because...
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