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Author Question: The Andean Community (AnCom) has eliminated trade restrictions (tariff and non-tariff) within the ... (Read 91 times)

jayhills49

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on: Jun 29, 2018
The Andean Community (AnCom) has eliminated trade restrictions (tariff and non-tariff) within the Andean region, but it has not yet agreed on uniform external tariffs and rules for foreign investment.
 
 Indicate whether the statement is true or false

Question 2

According to the text, tech companies are likely to use a product division structure.
 
 Indicate whether the statement is true or false


wuly

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Reply #1 on: Jun 29, 2018
Answer to Question 1

F
The Andean Community (AnCom) has eliminated trade restrictions (tariff and non-tariff) within the Andean region. It has also agreed on uniform external tariffs and rules for foreign investment. However, the Community is not especially stable - for example, in 2007, Venezuela opted out. This may be found in the Common Markets section (4-2d).

Answer to Question 2

T
Because technology companies need to focus on specific products, they are likely to use a product division structure. This may be found in The Product Division Structure section (17-2c).


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