Home country subsidies can be retaliatory because
A) they decrease the operating costs of local manufacturers compared to foreign manufacturers, thereby harming the competitive profile of the foreign firms.
B) they may discriminate against companies that have not contributed to the president's campaign.
C) they reduce the cost basis of the foreign manufacturers.
D) they are funded by taxpayers, which is all of the home country's nationals.
Correct Answer:
Verified
Q53: Quotas are a quantitative barrier that sets
A)
Q54: Social dumping occurs when an exporting country
A)
Q55: In the U.S.,the Smoot-Hawley Tariff Act did
Q56: Dumping includes
A) the foreign exporter's selling better
Q57: The U.S.has been concerned about dumping and
A)
Q59: Unlike quotas,voluntary export restraints (VERs)are imposed by
A)
Q60: The U.S.allocates quotas to 40 countries for
Q61: International business can be a power political
Q62: Government stability is a characteristic of a
Q63: Nuisance tariffs
A) require importers to go through
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