Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Match each instrument of trade policy to its best description. Local Content Requirements [ Choose ] Import Quotas Choose / Tariffs | Choose ] Subsidies

Match each instrument of trade policy to its best description. Local Content Requirements [ Choose ] Import Quotas Choose / Tariffs | Choose ] Subsidies Choose Administrative Trade Policies: 1 Choose ] Antidumping Policies ( Choose ] the withdrawal of customary trade and hnancial relations for foreign and security-policy purposes mandate that foreign producers use a certain amount of local materials in their domestic production bureaucratic rules that make it difficult forimports to enter a country punitive duties used to increase the price of foreign products to prevent foreign firms from selling goods too cheaply government payments to domestic producers that lower production costs an official ban on trade or other commercial activity with a particular country duties imposed by a government on imported or exported goods restriction on the quantity of a good to be imported into a country

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Marketing And Export Management

Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr

8th Edition

1292016922, 978-1292016924

More Books

Students also viewed these Economics questions