Absolute quota - Study guides, Class notes & Summaries

Absolute Advantage - ANSWER-The capability to produce more of a given product using less of a given resource than a competing entity Absolute Quota - ANSWER-Strictly limiting the quantity of goods that may enter a country Accounting Profit - ANSWER-Total revenues minus explicit costs, including depreciation Acquisition - ANSWER-When one firm purchases another Ad Valorem Tariffs - ANSWER-Import tax based on a fixed percentage of the assessed commercial value of imported goods Adver...

comparative advantage - Answer the ability of a party to produce one particular good or service at a lower opportunity cost versus another Protectionism - Answer a policy of protecting the domestic producers of products by imposing tariffs, , quotas, or other barriers on imports. absolute advantage - Answer the ability to produce a good using fewer inputs than another producer Production Possibilities Frontier (PPF) - Answer a curve showing the maximum attainable combinations of...

WGU D080 Terms With Answers 2023/2024. AAA ratings - Answer The highest possible rating that may be assigned by a credit rating agency for a bond absolute quota - Answer A quota that strictly limits the quantity of goods that may enter a country. Ad valorem tariffs - Answer Import taxes based on a fixed percentage of the assessed commercial value of imported goods algorithms - Answer A process or set of rules to be followed in calculations especially by a computer agility - Answer abilit...

C211 GLOBAL ECONOMICS FOR MANAGERS (WGU ACTUAL EXAM) WITH VERIFIED SOLUTIONS Base of the pyramid (BOP) - CORRECT ANSWER-Economies where people make less than $2,000 per capita per year. BRICA - CORRECT ANSWER-Brazil, Russia, India, and China. Emerging economies - CORRECT ANSWER-term that has gradually replaced the term "developing countries" since the 1990s. Emerging markets - CORRECT ANSWER-A term that is often used interchangeably with "emerging economies." Expatriate manag...

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 and Answers All Correct ATA Carnet - Answer-For goods to be temporarily imported and/or transported Absolute Quota - Answer-Permits a limited number of units of specified merchandise to be entered or withdrawn for consumption during specified periods. Once filled, no further entries or withdrawals for consumption of merchandise subject to quota are permitted. Part 132 - Answer-Quotas Part 162 - Answer-Inspections, search as seizure Computed Value - Ans...

WGU C211 Prep for OA Exam Questions With Fully Verified Answers Globalization can be viewed as - answera new force sweeping through the world in recent times. a Option pendulum that swings from one extreme to another from time to time. a long-run historical evolution since the dawn of human history. What is the definition of an institution-based view of global business? - answerAn institution-based view suggests that the success and failure of firms are enabled and constrained by institu...

AGEC 315 Exam 3 Already Graded A+ A person _________ be cheaply prevented from knowledge of improved animal welfare, a(n) ___________ good. cannot; nonexcludable A person _________ be cheaply prevented from consuming beef, a(n) ___________ good. can; excludable Only government solutions lead to the economically efficient use of open-access resources. False Open-access resources will tend to be ______________ in the free market, creating a rationale for _____________________________...

WGU D080 Managing in a Global Business Environment 2023/2024 with complete solution Questions AAA ratings The highest possible rating that may be assigned by a credit rating agency for a bond absolute advantage The ability of an individual or group to produce a good or service more efficiently than another absolute quota Quota that strictly limits the quantity of goods that may enter a country acquisition The act of taking over ownership or controlling a business Ad val...

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 ...