Author Question: Which of the following is an example of a price control? a. increasing the prices of imports to ... (Read 42 times)

littleanan

  • Hero Member
  • *****
  • Posts: 575
Which of the following is an example of a price control?
 a. increasing the prices of imports to match minimum prices of domestic imports
  b. antidumping and countervailing duty actions designed to counter unfair competition
  c. paratariff measures
  d. all of the above are examples of price controls

Question 2

The location of production facilities determines
 a. The extent to which companies can control costs.
  b. The extent to which companies price their products competitively.
  c. Whether the company can benefit from advantageous exchange rates.
  d. All of the above.



jgranad15

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

D
All of these measures are used as means for price controls.

Answer to Question 2

D
The location of production facilities determines the extent to which companies can control costs and price their products competitively. Multinationals usually can afford to shift production to take advantage of lower costs and exchange rates, whereas small to medium-size firms are often limited to exporting as the only venue for product distribution. Companies can and often do price themselves out of the market in certain countries, especially if they do not shift production to a low-labor-cost, low-tax country. This appears in the Production Facilities section (16-1a).



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

For a complete list of videos, visit our video library