Is a tariff-rate quota a two-tier tariff? Why?
What will be an ideal response?
Yes. It allows a specified number of goods to be imported at one tariff rate, whereas any imports above this level face a higher tariff rate.
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When Toyota owners began to report problems with sticking accelerator pedals and nonfunctioning brakes, Toyota at first ignored or rejected the claims. Eventually, the company evaluated the issue and issued a recall. Which of the four steps of the ethical decision-making framework was Toyota performing when it recalled several of its 2007-2010 models?
A. brainstorm and evaluate alternatives B. choose a course of action C. identify issues D. assess risk E. gather information and identify stakeholders
Effective corporate governance is a major factor in building _______.
a. Legitimacy b. Profits c. Market share d. All of the above
A continuous review system is also known as a(n) ______.
a. fixed order quantity system b. annual inventory system c. periodic review system d. fixed order interval system
In new product development, what advantage do first movers have?
What will be an ideal response?