Taxes, surcharges, or duties levied against imported goods are known as ________

A) import sanctions
B) embargoes
C) tariffs
D) import quotas
E) restrictive import standards


Answer: C
Explanation: Taxes, surcharges, or duties levied against imported goods are known as tariffs. Tariffs can be levied to generate revenue, to restrict trade, or to punish other countries for disobeying international trade laws.

Business

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Answer the following statement true (T) or false (F)

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Gross margin percent equals

A) gross margin / cost of goods sold B) operating income / sales revenue C) gross margin / sales revenue D) sales revenue / gross margin

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How would you explain the difference between a one-business company and a diversified company?

A. The first uses an operating strategy, while the second uses a business-line strategy. B. The first uses a single-line strategy, while the second uses a multi-line strategy. C. The first uses a business-level strategy, while the second uses a set of business strategies and a corporate strategy. D. The first uses a business-level strategy, while the second uses a corporate-wide strategy. E. The first uses a functional strategy, while the second uses a business-line strategy.

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When you call United Airlines for a reservation on a toll-free number and get a response from an operator in Mumbai, this is an example of:

A) anti-globalization. B) global marketplace. C) multilingual expression. D) discrimination. E) E-ticketing.

Business