Tariff Study guides, Class notes & Summaries
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ECN 211 Exam 2 – Marburger Questions with Correct Answers 100% Verified
- Exam (elaborations) • 15 pages • 2023
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ECN 211 Exam 2 – Marburger Questions with Correct Answers 100% Verified 
Tariff - Correct Answer A tax on imported goods 
 
Who benefits/loses from free trade? - Correct Answer 1. Foreign producers of steel (exports steel to US) 
2. Buyers of steel and steel-related products (price falls and quantity increases) 
 
Who is worse off because of free trade? 
1. Domestic producer of steel (sells lower quantity and at a lower price) 
 
Who benefits from tariffs? (US steel producers example) - Correc...
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WGU US HISTORY EXAM 3 STUDY GUIDE (2023/2024)
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WGU US HISTORY EXAM 3 STUDY 
GUIDE (2023/2024) 
The historian who wrote "The South [prior to the Civil War] grew, but did not develop" 
meant that 
Select one: 
 southern population increased, but new technology had bypassed the region. 
ulture remained the leading industry of the South, but the plantation system was 
declining. 
 South had failed to move from an agrarian to an industrial economy. 
 South had expanded as a geographic region but had developed little prosperity. 
 South had c...
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Bahamas Customs Brokerage Training Exam 2023;Compiled information of Bahamas Customs, TARIFF, Calculations and BESW.
- Exam (elaborations) • 10 pages • 2023
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Bahamas Customs Brokerage Training Exam 2023;Compiled information of Bahamas Customs, TARIFF, Calculations and BESW. 
 
Why a New Customs Management Act? 
To meet the obligations contained in the Economic Partnership Agreement (EPA) signed by The Bahamas in October 2008. 
A scheme to create a free trade area among member states. 
Economic Partnership Agreement (E.P.A). 
The Bahamas does not have membership with? 
World Trade Organization (W.T.O). 
Which agreement refers to Rules of Origin and Pr...
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WGU C211 Global Economics Exam (2024) || All Questions & 100% Verified Answers
- Exam (elaborations) • 23 pages • 2024
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WGU C211 Global Economics Exam (2024) || All Questions & 100% Verified Answers 
WGU C211 Global Economics Exam (2024) || All Questions & 100% Verified Answers 
 
Suppose that the United States imposes a 
tariff on avocados imported from Mexico. 
What impact will this have on the price paid 
for avocados by United States citizens? - ANSWER - The price will increase. 
 
Which of the following is a consequence of a 
country imposing a tariff on imported goods? - ANSWER - The demand for foreign prod...
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WGU C211 Global Economics exam 2023 with 100% correct answers
- Exam (elaborations) • 32 pages • 2023
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Suppose that the United States imposes a 
tariff on avocados imported from Mexico. 
What impact will this have on the price paid 
for avocados by United States citizens? - correct answer The price will increase. 
 
Which of the following is a consequence of a 
country imposing a tariff on imported goods? - correct answer The demand for foreign produced goods 
decreases. 
 
Suppose that the United States imposes a 
tariff on salt. What impact might this tariff 
have on the price for domestic cons...
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Macro Summary - Globalisation & The International Economy
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1.	define Globalisation	the process through which nation- al economies, societies and cultures are becoming increasingly intercon- nected through global networks of trade, communication, transportation and immigration 2.	where are levels of globalisation the highest 3.	where are levels of globalisation the lowest 4.	3 Key Characteristics of Globalisa- tion between core countries, as a result of them having sorted out major do- mestic problems, giving them spare capacity to look to solve ...
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Bahamas Customs Brokerage Training Exam 2023;Compiled information of Bahamas Customs, TARIFF, Calculations and BESW.
- Exam (elaborations) • 10 pages • 2023
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Bahamas Customs Brokerage Training Exam 2023;Compiled information of Bahamas Customs, TARIFF, Calculations and BESW. 
 
Why a New Customs Management Act? 
To meet the obligations contained in the Economic Partnership Agreement (EPA) signed by The Bahamas in October 2008. 
A scheme to create a free trade area among member states. 
Economic Partnership Agreement (E.P.A). 
The Bahamas does not have membership with? 
World Trade Organization (W.T.O). 
Which agreement refers to Rules of Origin and Pr...
-
ECN 211 Exam 2 – Marburger questions with correct answers
- Exam (elaborations) • 18 pages • 2023
- Available in package deal
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- $15.99
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Tariff Correct Answer-A tax on imported goods 
 
Who benefits/loses from free trade? Correct Answer-1. Foreign producers of steel (exports steel to US) 
2. Buyers of steel and steel-related products (price falls and quantity increases) 
 
Who is worse off because of free trade? 
1. Domestic producer of steel (sells lower quantity and at a lower price) 
 
Who benefits from tariffs? (US steel producers example) Correct Answer-1. Domestic producers of steel (sells more at a higher price) 
 
Who is ...
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WGU C211 Global Economics
- Exam (elaborations) • 23 pages • 2023
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- $12.49
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Suppose that the United States imposes a 
tariff on avocados imported from Mexico. 
What impact will this have on the price paid 
for avocados by United States citizens? - Answer- The price will increase. 
 
Which of the following is a consequence of a 
country imposing a tariff on imported goods? - Answer- The demand for foreign produced goods 
decreases. 
 
Suppose that the United States imposes a 
tariff on salt. What impact might this tariff 
have on the price for domestic consumers? - Answe...
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Nullification Crisis South Carolina led to the Tariff of 1828 which resulted in the...
- Exam (elaborations) • 2 pages • 2023
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Nullification Crisis 
South Carolina led to the Tariff of 1828 which resulted in the... 
 
 
 
Elizabeth Cady Stanton & Susan B. Anthony 
Women who worked for the vote were... 
 
 
 
 
Brainpower 
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Need for workers in agriculture 
Why did slavery develop so rapidly in the South? 
 
 
 
Horace Mann 
Education reform (instead physical punishment, teach them) 
 
 
 
North had more of the ...
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