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multiple choice questions :
An effective policy to reduce a
a. increase tariffs on imports.
b. impose stricter quotas on imported goods.
c. increase government spending.
d. increase taxes.
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- Modern theories of international trade focused on the patterns of exports and imports in individual countries. * O True False Free trade implies that government exerts minimal influence on the exporting and importing decisions of public firms and individuals. True False A voliWhich of the following are potentially valid arguments for tariffs or export subsidies, and which are not? Explain your answers.a) “Earnings of Dairy producers in Wales are at their lowest peak despite an overall rise in farm business incomes.” b) “The more ecologically certified food products the EU requires, the higher the price of these products will be on common market.” c) “U.S. soybean exports to China and India don’t just mean increased wealth for US farmers–they mean increased wealth for everyone in the value chain.” d) “The PET industry continued to sustain US recycling programs; this shows the strength of the PET recycling market in the face of significant global economic slowdown and a drop in virgin feedstock prices.”Should U.S. foreign policy include provisions for reducing poverty in other nations of the world? Should U.S. domestic policy include provisions for reducing poverty in the United States? How are these issues similar? How are they different?
- When income increases, expenditure on imports tend to increase. Which of the following best describes this relationship? Select one: a. A positive relationship. b. A negative relationship. c. An inverse relationship.Introduction to Foreign Exchange Market: Provide an overview of the foreign exchange market and its significance in international business. Your International business is an Oil Company Located in Saudi Arabia 1a. Explain how the foreign exchange market is structured. Discuss key participants, such as banks, corporations, and central banks, and the mechanisms involved in currency exchange. 1b. Identify the currency used in your country. Explain the exchange rate and how it compares to the US dollar.There are no tariffs or quotas on trade between EU and Norway. The EU and Norway impose the same tariffs on goods from outside. There is free movement between the EU and Norway. The EU and Norway are in a: O a. customs union O b. common market O c. free trade area
- For every part of this question, assume the reasonable national goals of long term economic growth and business cycle stabilization: a) Discuss a few of the benefits of using the West African franc (WAF). How do these advantages overcome other problems (that occur elsewhere in Africa), where the WAF is not used. b)The WAF currency board is based in Dakar, Senegal. What actions must be taken by the currency board, to guarantee the benefits, discussed in part A? Why is any cheating by the currency board impossible? c) All governments must make tradeoffs. As a result, some people will disagree with their own government. What are some of the identifiable disadvantages of using the WAF? How do these problems occur?You are a senior manager at a U.S. automobile company with the job of deciding whether to invest in production facilities in China, Russia, or Germany. These facilities will serve local market demand. Evaluate the benefits, costs, and risks associated with doing business in each nation. Given your answer here, which country seems to be the most attractive target for foreign direct investment? Why?Which of the following is true about the IMF and World Bank? a. More than 190 countries participate as members of the IMF. b. They aid in dollarizing the economies of foreign nations. c. The IMF lends money to all types of countries, including advanced, emerging, and developing economies. d. The IMF provides loaner currency to countries experiencing hardship. Which of the following payment types offers payment protection to both exporters and importers, as the importer’s bank writes a guarantee of payment? a. A commercial letter of credit b. Payment in advance c. A syndicate d. A banker’s acceptance The supply chains of global businesses such as Boeing, Ford, United Airlines, and the pharmaceutical companies Merck and Pfizer are known as which type of supply chain? a. Enterprise b. Telecommunication c. Global d.…
- Do you agree or disagree with the discussion below: Antitrust laws in the United States, such as the Sherman and Clayton Act, are designed to promote competition and prevent anticompetitive behavior in the marketplace. These laws generally prohibit agreements, contracts, or combinations that restrain trade or suppress competition.Pooling agreements among local cranberry growers could raise antitrust concerns if they have anticompetitive effects, such as reducing competition among cranberry producers or increasing consumer prices. However, the legality of such agreements depends on various factors and is a matter for legal authorities to assess.It is important to note that not all agreements to pool resources or coordinate production are automatically considered violations of antitrust laws. Some collaborative efforts may be permissible under antitrust laws if they promote efficiency, innovation, or other pro-competitive benefits.To determine whether the cranberry growers' agreement…As a national of CARICOM, and a student of International Business Management, you have been invited to make a presentation on Foreign Direct Investments to an Investment team. Thoroughly explain the below issue a) The implications of Foreign Direct Investments inflows for developing countries.please quickly i just need answer true or false Assume the following merchandise trade transaction by American with foreign companies: Japanese carmakers export 1 million cars at $20,000 each, landed value in the United States to U.S. car dealers, US current account will increase by at $20,000 for each landed car.