The trade terms "FOB" and "CIF" are defined by which of the following:
A) Incoterms
B) Uniform Commercial Code.
C) The Revised American Foreign Trade Definitions.
D) All of the above.
A
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Suppose that Germany levies a tariff on oranges, but none are grown in Germany. This tariff has
a. only a protective effect. b. only a revenue effect. c. both a protective effect and revenue effect. d. no effects on trade.
Three types of patents available under U.S. law are: A)utility, product, design
B)design, packaging, invention. C)design, plant, utility. D)utility, regulatory, common law.
Complex language has been identified as ________ to effective communication.
A. a minor hindrance B. a major barrier C. beneficial to D. having no relation to
Just 2 months after you put money into an investment, its price falls 25%. Assuming that none of the investment fundamentals have changed, which of the following actions would evidence the greatest risk tolerance?
A. You sell to avoid further worry and buy something else. B. You do nothing and wait for the investment to come back. C. You buy more, thinking that if it was a good investment before, now it's not only good but cheap too. D. You sue your financial adviser.