Import quotas - Study guides, Class notes & Summaries
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BUSHMR 2000 Exam 2 Questions and Answers | Latest Update 2024/2025
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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 being used by the French government? 
tariffs 
voluntary export restraints 
subsidies 
local content requirements 
import quotas 
 ~~> subsidies 
A(n) ________ refers to the extra profit that producers make when supply is 
artificially limited by an ...
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C 211 GLOBAL ECONOMICS FOR MANAGERS WGU PRE ASSESSMENT AND RETAKE SECTIONS IF YOU FAILED THE OA.
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The resource-based view of global business differs from the institution-based view of global business in that the resource-based view _____. - Answer-focuses on the internal strengths on the firm 
 
Which of the following is true of globalization according to the "pendulum view" perspective? - Answer-Globalization is a not a one-directional phenomenon. 
 
The _____ of globalization suggests that globalization is neither recent nor one-directional. - Answer-pendulum view 
 
Which of the followi...
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WGU C211 focus questions from Global Economics for Managers Test Bank| Verified & Updated
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Globalization can be viewed as: - ️️1. a new force sweeping through the world in 
recent times. 
2. a long-run historical evolution since the dawn of human history. 
3. a pendulum that swings from one extreme to another from time to time. 
Which are the three views of globalization? - ️️A recent force, a long-running 
evolution, and a pendulum 
An import quota is: - ️️restriction on the quantity of imports that can be brought into a 
country. 
Examples of nontariff trade barrier (NTB...
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WGU C211 focus questions from Global Economics for Managers Test Bank| Verified & Updated
- Exam (elaborations) • 39 pages • 2023
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WGU C211 focus questions from Global Economics for 
Managers Test Bank| Verified & Updated 
Globalization can be viewed as: - ️️ 1. a new force sweeping through the world in 
recent times. 
2. a long-run historical evolution since the dawn of human history. 
3. a pendulum that swings from one extreme to another from time to time. 
Which are the three views of globalization? - ️️ A recent force, a long-running 
evolution, and a pendulum 
An import quota is: - ️️ restriction on the qua...
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LCDC TX Exam Questions and Answers
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LCDC TX Exam Questions and Answers 
 
Attending - Answer-Refers to ways in which the clinician demonstrates that she/he is listening to the client through the use of cues 
 
Probing - Answer-Involves asking open-ended questions to clarify information and to help the client toward a new understand. 
 
Re-framing - Answer-Consists of offering a different perspective on a situation the client is facing. 
 
Exploring Alternatives - Answer-Working with the client to examine various options 
 
Self-d...
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BUSHMR 2000 Exam 2 Questions and Answers 2024 graded A
- Exam (elaborations) • 32 pages • 2024
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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 being used by the French government? 
 
tariffs 
voluntary export restraints 
subsidies 
local content requirements 
import quotas - answer-subsidies 
 
A(n) ________ refers to the extra profit that producers make when supply is artificially limited by an impo...
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Macro Summary - Globalisation & The International Economy
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1.	define Globalisation	the process through which nation- al economies, societies and cultures are becoming increasingly intercon- nected through global networks of trade, communication, transportation and immigration 2.	where are levels of globalisation the highest 3.	where are levels of globalisation the lowest 4.	3 Key Characteristics of Globalisa- tion between core countries, as a result of them having sorted out major do- mestic problems, giving them spare capacity to look to solve ...
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International Business Exam 2 with Certified Solutions
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International Business Exam 2 with 
 
Certified Solutions 
 
Free Trade When governments do not attempt to restrict what citizens can buy from another 
country or what they can sell to another country. 
 
Tariffs Taxes levied on imports that effectively raise the cost of imported products relative to 
domestic products. 
 
Specific Tariffs Levied as a fixed charge for each unit of a good imported 
 
Ad Valorem Tariff Levied as a proportion of the value of the imported good 
 
Subsidies Governmen...
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WGU C211 focus questions from chapters, C211 Global Economics for Managers, Complete Exam Review, Graded A+. VERIFIED 2024 | 40 Pages
- Exam (elaborations) • 40 pages • 2023
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Globalization can be viewed as: - -1. a new force sweeping through the world in recent times. 
2. a long-run historical evolution since the dawn of human history. 
3. a pendulum that swings from one extreme to another from time to time. 
Which are the three views of globalization? - -A recent force, a long-running evolution, and a 
pendulum 
An import quota is: - -restriction on the quantity of imports that can be brought into a country. 
Examples of nontariff trade barrier (NTB) - -Import quota...
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BUSMHR 2000-Final exam Questions and Answers with complete solution
- Exam (elaborations) • 9 pages • 2024
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voluntary export restraints - ️️a.An official agreement with another country that 
voluntarily restricts the quantity of its exports 
b.Quota on trade imposed by the exporting country, typically at the request of the 
importing country's government 
Ad Valorem Tariff - ️️can increase government revenues, provide protection to 
domestic producers against foreign competitors by increasing the cost of imported 
foreign goods, force consumers to pay more for certain imports, reduce overall ...
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