This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following countries received the Permanent-Normal-Trade-Relations status in 2007? a. ... (Read 75 times)

CBme

  • Hero Member
  • *****
  • Posts: 548
on: Jun 29, 2018
Which of the following countries received the Permanent-Normal-Trade-Relations status in 2007?
 a. Saudi Arabia c. Vietnam
  b. Iran d. North Korea

Question 2

McDonnell Douglas sold DC-9s to the former Yugoslavia. To secure the order, McDonnell Douglas agreed to help sell products sourced in the former Yugoslavia to buyers in the United States to generate capital to help finance the purchase of the passenger planes. Of which type of countertrade is this an example?
 a. Counterpurchase c. Switch Trading
  b. Barter d. Offset purchase


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

underwood14

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jun 29, 2018
Answer to Question 1

C
In 2007, Vietnam received the PNTR status, which means that Vietnam will be subject to the same customs and minimal tariff treatment as other PNTR countries. This also means that trade and investment in Vietnam are likely to grow rapidly.

Answer to Question 2

D
Offset purchases involve large hard-currency purchases, such as the purchase of defense equipment and airplanes, by a developing country. The seller agrees, in return for the sale of its offering, to purchase products that are valued at a certain percentage of the sale.


CBme

  • Member
  • Posts: 548
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

ecabral0

  • Member
  • Posts: 310
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

A, Normal intravertebral disk; B, herniated disk. A, Normal intravertebral disk; B, herniated disk.
These examples of stimuli were used in the experiment by Vinckier et al. (2007). Mouton is the Frenc These examples of stimuli were used in the experiment by Vinckier et al. (2007). Mouton is the Frenc
Cumulative Standard Normal Distribution Cumulative Standard Normal Distribution
Newly Industrialized Countries Newly Industrialized Countries
Countries where malaria is prevalent today are located in the warm tropics and subtropics Countries where malaria is prevalent today are located in the warm tropics and subtropics
Prices in Japan before and after Opening to Trade Prices in Japan before and after Opening to Trade
Video: Steps of glucose catabolism

For a complete list of videos, visit our video library