Tariff Study guides, Class notes & Summaries

Globalization - the process through which an increasingly free flow of ideas, people, goods, services and capital leads to the integration of economies and societies How do major international institutions facilitate globalization? - help transmit information, enforce contracts/property rights, promote market competition Why is it important for political leaders and institutions to be transparent in responding to global competition? - social unrest leading to political instability, ineffect...

Which of the following is NOT an element of the Department of Homeland Security? correct answer: Bureau of Census The Customs work of CBP does NOT include: correct answer: Licensing firearm imports In obtaining the dutiable or duty-free status of merchandise entering the United States, the following material should be consulted: correct answer: Harmonized Tariff Schedule of the United States (HTSUS) Statutory rates of duty for goods imported into the United States from countries that...

WGU C211 Global Business (Latest 2023 - 2024) With Complete Answers 100% Correct 1. What are the benefits of trade? Answer: 1- A greater amount ofchoice in the availability of goods and services 2 - Lower prices for goods and services consumed 3 - Higher living standards 2. What are the benefits of foreign investment? Answer: - Generates jobs - creates unity by erasing borders - brings cultural and technical riches - enhances the skills of domestic workers 3. What are the major in...

Customs Broker Final Exam Questions with Correct Answers The commodities. lID, Service Option 911, may be used for both non-regulated and regulated - Answer-True Effective ___________ the United States Surtax Order (Steel and Aluminum): SOR/2018-152 and the United States Surtax Order (Other Goods): SOR/2018-153 imposing surtax on certain products originating in the United States were repealed. - Answer-May 19, 2019 Commercial vessels and aircrafts, or those that charge passengers a fee...

History (1301) Exam 3, Review Questions sections and answers, 100% Accurate. RATED A+ John C. Calhoun--–Vice President – not able to openly protest South Carolina Exposition and Protest written anonymously In the spirit of the Kentucky and Virginia Resolutions Principle of Nullification Only way for minority to protect itself against the tyranny of the majority –(tyler presidency) John C. Calhoun (Sec of State) complicates matters ‘justified the annexation as a defensive move to...

Exclusive Distribution - Answer-Situation where suppliers and distributors enter into an exclusive agreement that only allows the named distributor to sell a specific product. Electronic Data Interchange (EDI) Systems - Answer-The electronic interchange of business information using a standardized format; a process which allows one company to send information to another company electronically rather than with paper. Trading Partners - Answer-Business entities conducting business electronica...

The trail that Western settlers used to travel through the Cumberland Gap was the Wilderness Road The Shoshone girl that accompanied Lewis and Clark Sacagawea The southern half of the Louisiana Territory was explored by Zebulon Pike Alexander Hamilton was killed in a duel by Aaron Burr The leading War Hawk before the War of 1812 was Henry Clay The Battle of Lake Erie was won by Oliver Hazard Perry During the War of 1812, the British army burned the city of Wa...

CCS Final ExamWhich of the following is NOT an element of the Department of Homeland Security? - correct answer Bureau of Census The Customs work of CBP does NOT include: - correct answer Licensing firearm imports In obtaining the dutiable or duty-free status of merchandise entering the United States, the following material should be consulted: - correct answer Harmonized Tariff Schedule of the United States (HTSUS) Statutory rates of duty for goods imported into the United States fr...

GMS522 Midterm Exam Questions and Answers 100% Pass international marketing - Answer- the process of planning and conducting transactions across national borders to create exchanges that satisfy the objectives of individuals and organizations. (international sales are seen as secondary to developing the domestic market) multidomestic marketing strategy - Answer- the development of separate marketing strategies for each country that a firm conducts business activities in (if you are in lat...

UIowa management Exam 2 Graded A+ Forces for Internationalization ️Globalization - tendency of firms to expand sales, manufacturing, and ownership to new markets in other countries -modern communication technology -air travel -corporate globalism Pros and Cons of gobalization ️Pros: -productivity grows -living standards increase -inflation is less likely (cheap) -innovation (new ideas) -access to new markets and new customers -export jobs pay more Cons: -Americans lose jobs -fear los...