Recently, the United States imposed a 35% tariff on Chinese tire imports in hopes of sustaining U.S. jobs in tire manufacturing. This addition of tariffs is an example of

A. increasing ethnocentrism.
B. increasing protectionism.
C. slowing countertrade.
D. imposing the rule of eminent domain.
E. enhancing domestic imperialism.


Answer: B

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Use this information to answer the following question. Baker Company has the following information for the pay period of January 1-15, 2010 . Payment occurs on January 20. Gross payroll $16,000 Federal income taxes withheld $1,800 Social security and Medicare rate 7.65% Federal unemployment tax rate .8% State unemployment tax rate 5.4% The entry to record the payroll would include a

a. debit to Salaries Payable for the net amount. b. credit to State Unemployment Tax Payable. c. debit to Salaries Expense for the amount paid to the employees. d. debit to Salaries Expense for the gross payroll.

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The ________ requires food manufacturers and processors to disclose uniform information about serving sizes and nutrients, and establishes standard definitions for the various terms like "low fat," "lean" or "organic" which a

by food processors. A) Consumer Product Safety Act B) Nutrition Labeling and Education Act C) Patient Protection and Affordable Care Act D) Health Care Reform Act

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To raise funds for the Humane Society, a thrift shop will be considered. The board will conduct a __________ to determine how much __________ could be raised.

a. assets …. cash b. profit margin …. market survey c. market survey …. cash d. anticipate demand ….. measure

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Which of the following is true?

a. A security agreement may create or provide for a security interest in property that the debtor presently does not own or have rights to. b. Obligations covered by a security agreement may not include future advances. c. Federal regulation allows a credit seller or lender to obtain a nonpossessory security interest in a consumer's household goods, such as furniture, appliances, and clothing, whether as a purchase money security interest or otherwise. d. Encryption of a record cannot serve as a debtor's authentication of a security agreement.

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