Last week, US government has decided to apply 25% import tariff on steel and Aluminum that come from abroad. This means that? Select one: A.ll of the answers b.the Price of aluminum and steel will increase in US c. the Consumer in US will pay higher price for products made of steel and aluminum d. The cost of making cars in US would increase because they are made of steel and aluminum Which of the following is true? Select one: a. MNC that undertakes differentiation strategy should make sure that it lowers its prices in order to have loyal customer MNC that undertakes differentiation strategy should make sure that it has loyal customers without the need to lower the price of its products. c. MNC that undertakes low-cost strategy should make sure that it has loyal customers d. All of the answers UAE has applied 10% import tariff on US sugar, UAE wid that this decision is based on the fact that uS subsidises its Sugar. Therefore, this type of tariff is. Select one: a Compound tariff Countervailing duty c. Safeguard d export tariff What might be the reasons behind home country promotion of outward FOI (encouraging local firms to invest abroad)? Select one: All of the answers b. source of hard currency c.knowledge and technological transfer d. to gain influence in foreign market UAE has applied NTBs on products coming from Algeria. NTB is Select one: Non-Tariff Barrier b. none of the answers c. Non-tariff Blocade d Non-Terminal barrier UAE has allowed Barclays bank to open branches only in Dubai and Abu Dhabi but not in other Emirates. What type of policy restriction the UAE government has used? Select one: NTB b. Export tariff c. transit tariff d. Import tariff