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this is not finance. this is international business QUESTION 39 Members of 67 countries attended a conference on economic development hosted by an international organization

this is not finance. this is international business image text in transcribed
QUESTION 39 Members of 67 countries attended a conference on economic development hosted by an international organization based in Gent, Belgium. Attendees of the workshop learned about techniques designed to assist countries in expanding their degree of economic development. Emerging markets act as manufacturing bases for global Miltinationals Enterprises because of O strong intellectual property laws O high availability of cheaper labor force high regulations well-developed infrastructure QUESTION 40 Flax growers in the nation of Neverland export nearly 1 million tons of flax every year. Neverland is the home country for a fabric manufacturing facility that exports high- quality flax fabric around the world. The government imposed a quota of 2 million tons of flax that can be imported into Neverland every year. The local fabric manufacturer is lobbying the government to remove the quota on flax. Which of the following questions would be most important for government officials to evaluate when considering the controversy over the flax quota? What other nations utilize agricultural quotas and what are the effects? What would be the short-term effect of additional agricultural quotas? Does the government of Neverland impose heavy duties on dumping? What will be the long-term effect of the flax quota on the Neverland economy

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