Quiz 4 Chapters 7 and 4 answers

Quiz 4 Chapters 7 and 4 answers - Name_ Week 5 Quiz 4...

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Name___________________________ Week 5 Quiz 4 Chapters 7 and 4 Social, Cultural Demographics Please circle the best answer to each of the following questions. 1.If you wanted to set up a business importing amber from Latvia to the United States, you would have to plan on paying the U.S. Customs Service a tax of roughly 20 percent of the value of the product as a: a. bribe. b. tariff. c. subsidy fee. d. revenue. e. quota. Answer: b Page: 140 Learning Objective: 1 Rationale: Tariffs, which are a tax on goods or services entering a country, primarily serve to raise prices on imports. 2.The North American Free Trade Agreement was designed to encourage free trade between: a. North America, Central America, and South America. b. the United States, Canada, and Mexico. c. the United States and the European Union. d. member countries originally from NATO (North Atlantic Treaty Organization). e. North America and The Commonwealth of Independent States. Answer: b Page: 141 Other Location: web Learning Objective: 1 Rationale: The reduction of tariffs and other provisions of NAFTA were designed to promote free trade between the United States and its largest (Canada. and third-largest (Mexico) trading partners. 3.The process that involves the study of similarities and differences among consumers in two or more nations or societies is called: a. international attitude evaluation. b.
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This document was uploaded on 10/27/2011 for the course MKT 291 at Miami University.

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Quiz 4 Chapters 7 and 4 answers - Name_ Week 5 Quiz 4...

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