"Value-added" in the context of international trade refers to:
A) the difference between the value of exports and the value of imported inputs used in producing exports.
B) the additional value a worker provides to a firm when she is hired.
C) the value-added by being able to purchase goods in a competitive market.
D) the value-added by import brokers when they mark up the price of the products.
Correct Answer:
Verified
Q35: How has China explained its growing bilateral
Q36: Intel, an American company, has manufacturing plants
Q37: Jane Ferlengeti, a U.S. citizen, purchases a
Q38: A bilateral trade balance is:
A) half the
Q39: An example of "value-added" as an important
Q41: Which of the following statements explains why
Q42: One way to gauge the impact of
Q43: If the trade-to-GDP ratio is 25% and
Q44: Which of the following countries is NOT
Q45: Which of the following economic groupings has
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents