Which of the following strategies is most likely to achieve economies of scale and why? Select one: a. Multidomestic strategy because it is based on standardization of its operations Global strategy because it is based on standardization of its operations c. Multidomestic strategy because it is based on customitation of its operations d. global strategy because it is based on customization of its operations UAE has applied a 10% tariff on salt coming from China as long as the quantity that enters is below 100000 tones, however, beyond that limit UAE applies 50% rate. This type of tariff is Select one: a. numerical export restraint b. ad valorem tariff c. Quota Tariff rate quota UAE wants to develop its sectors where it has a comparative advantage. This means that UAE should adopt a strategy that Select one: a. Protect the local companies that are inefficient. b. All the answers c.protect its import sector protect its infant industry Hamood Boualem is a drink from Algeria. It is taxed at the port of UAE with the use of ad valorem tariff. Which of the following would represent an ad valorem tariff? Select one: a. 5 Drh of the unit sold of the drink b. none of the asnwers S\% of the value of the drink d. both 5 Drh and 5% UAE has increased its import tariffs on bottle of water coming from abroad. Who is the loser? Select one: All of the answers b. Al Ain water company c. The consumers who live in Emirates d. Employees of Massafi UAE has applied 10% import tariff on US sugar. UAE said that this decision is based on the fact that US subsidises its Sugar. Therefore, this type of tariff is_ Select one: . Countervailing duty b. export tariff c. Safeguard d. Compound tariff In 2008, India has applied export tariff on rice. Why is that? Select one: a. All of the answers To protect the indian consumer c. To generate revenue for the government d. To keep the price of rice low in India UAE has allowed only 100000 cars from Japan to enter its territory. This type of barrier is called Select one: Quota b. Export tariff barrier c. quota rate tariff d. import tariff barrier UAE has decided to use Quota on sugar that comes from India. What does it mean? Select one: a. None of the answers b. The price of cookies in UAE will go down c. The price of sugar will go down in UAE and the local producer of sugar will be a winner Price of sugar will go up in UAE and the local producer of sugar will be a winner Massafi company wants to be protected by UAE government. Which of the following con UAE government use in order to protect Massafi from foreign competition? Select one: a. Increase export tariff b. all the answers c. decrease imports tariffs Increase import tariffs Last year, UAE has decided to cut water and electricity subsidies for firms. This leads to an Select one: a. decrease in the cost of production of local firms b. all the answers c. decrease in import tariffs increase in the cost of production for local firms Which of the following strategies is most likely to achieve economies of scale and why? Select one: a. Multidomestic strategy because it is based on standardization of its operations Global strategy because it is based on standardization of its operations c. Multidomestic strategy because it is based on customization of its operations d.global strategy because it is based on customization of its operations UAE government increase trade tariffs, Which of the following can explain the reason to raise tariffs? Select one: Protect infant industry b. Protect imports c. all of the answers d. Protect foreign producers UAE has decided to use Quota on sugar that comes from india. What does it mean? Select one: a. The price of sugar will go down in UAE and the local producer of sugar will be a winner b. None of the answers Price of sugar will go up in UAE and the local producer of sugar will be a winner d. The price of cookies in UAE will go down