If you set materials costs aside, the largest cost factor in operating a maquiladora is its: Management costs Logistics Factory overhead Direct labor Transportation costs Which of the following statements regarding the USMCA Agreement is false? US visitors to Canada have had their purchases subject to U.S. duties reduced relative to travel to other international countries. The agreement abolishes the previous NAFTA Agreement. The agreement improves North American protection for intellectual property rights. The provisions of the USMCA are likely to reduce the demand for vehicles manufactured in North America. Although the agreement opens the Canadian dairy market to U.S. producers, the benefits are minimal for US producers but a serious competitive threat for the Canadians. Question 2 of 20 Which statement about trade agreements is true? The WTO regulates trade among all nations of the world. Canada's government as of yet has not ratified the USMCA Agreement. The USMCA Agreement eliminates the need for Tarrification as a US trade policy for any forthcoming trade agreements with other countries USMCA's automotive wage increases for Mexican workers achieves wage parody with those of US and Canadian workers The WTO accepts regional agreements such as USMCA so long as they do not harm WTO/GATT members. Question 3 of 20 Moving to another question will save this response. The USMCA and NAFTA's preferential tariffs apply if the item fulfills the agreements Total Cost of Business The Harmonized duty rate Rules of origin Labor is used for assembly only. technology requirements Question 4 Which statement about Mexico's Maquiladoras is true? Maquiladoras are solely owned and controlled by Mexican business groups. Maquiladoras primarily remain assembly plants for low technology products. Maquiladoras operate in Mexico under its in bond preferential tariff program, Maquiladoras pay no taxes in Mexico The fastest growth area for Maquiladora investment is the south of Mexico, the area along Mexico's southern border with Guatemala Question 5 of 20 5 points Question 6 You have had the trade concepts of duty deferral and duty reduction explained in class. In terms of understanding which of the following business and economic concepts explains why these concepts are so important to business and marketing? Non-Tariff Barrier To Trade Price inelasticity of demand Tariffication Time Value of Money National Treatment 5 points Question 7 If a restaurant customer satisfaction questionnaire lacked a question concerning the quality of the food being served, we'd say the questionnaire lacked validity. Face discriminant construct wholesome Content Question 7 of 20 Fundamentally, the maquiladora concept is: a program reserved for North American producers, a joint venture concept between U.S. and Mexican investors. an effort by managers to increase profit margins on Mexican operations. an industrialization program designed to integrate Mexican materials into foreign manufacturing o a preferential tariff treatment offered by Mexico Question /20 nuestion will save this response. Total Square Footage of Retail Sales Space Propensity to Purchase 2.0 Household Size Average) Distances to competing Stores Number of Households Your Company's Break even Sales per square foot. Which of the Trade Area tools can be used to determine whether you might start a business in Community A Reilly's Law Huff Model Converse Model Central Place Theory Index of Retail Saturation cave this response Which statement regarding Tecma's business operations is false? Due to its service quality, clients have no problems with setting up operations in Mexico The firm's major client base originates in the U.S. Most clients have little or no business experience outside the U.S. Most business clients are small to medium sized firms. Clients have no legal presence in Mexico, therefore, no liability Question 1020 22M 02590 Moving to another question will save this response