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Author Question: The U.S., a GATT member, lowers its tariffs to Country X, a developing country, but requires the ... (Read 74 times)

ahriuashd

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on: Jul 7, 2018
The U.S., a GATT member, lowers its tariffs to Country X, a developing country, but requires the normal tariff for all other countries. The U.S. is most likely using a ________.
 
  A) generalized system of preferences
  B) normal trade relations system
  C) staggered system of taxation
  D) cumulative tariff system

Question 2

What is a cost-of-living allowance?
 
  What will be an ideal response?
International Business: A Managerial Perspective ¦ Griffin, Pustay ¦ 9th Edition
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nhea

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Reply #1 on: Jul 7, 2018
Answer to Question 1

A

Answer to Question 2

This allowance is intended to offset differences in the cost of living in the home and host countries. The premise is that a manager who accepts a foreign assignment is entitled to the same standard of living as the manager enjoyed at home.


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