Author Question: A flag of convenience is ________. A) the declaration that a product is made in a country that ... (Read 85 times)

Sufayan.ah · **on:** Jul 7, 2018

A flag of convenience is ________.

A) the declaration that a product is made in a country that has easier legal access to a given foreign market
B) a designation for products originating within a particular trading group
C) the registration of a ship by a shipping company in a country that charges low taxes
D) the indication that a shipping organization can sail in international waters

Question 2

It is difficult to compare globalization of business over time because shifting national borders have changed the nature of transactions from domestic to international and vice versa.

Indicate whether the statement is true or false

Question 3

Carnival Cruise Lines lowers its taxes by all of the following EXCEPT ________.

A) hiring host-country nationals who pay no taxes
B) taking advantage of taxation laws in foreign countries
C) sailing in international waters outside countries' tax jurisdiction
D) paying substantial port fees instead of taxes during stopovers

katieost · **Reply #1 on:** Jul 7, 2018

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