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Author Question: Which of the following is not a form of currency control used by governments? a. Embargoes c. ... (Read 30 times)

sc00by25

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on: Jun 29, 2018
Which of the following is not a form of currency control used by governments?
 a. Embargoes c. Differential exchange rates
  b. Blocked currency d. Foreign exchange permits

Question 2

What are countervailing duties?
 a. Duties imposed on parallel importers.
  b. Duties applied to countertrade transactions.
  c. Duties used to counter import quotas.
  d. Duties imposed on subsidized products imported into the country.


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snackralk

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

A
Although embargoes are a way for governments to erect nontariff barriers, embargoes are not a form of currency control. This may be found in the Nontariff Barriers section (3-2b).

Answer to Question 2

D
Governments are entitled to impose anti-dumping duties on merchandise when it has been determined that price discrimination has occurred and that a particular local industry was injured by the dumping activity. Similar to these are countervailing duties, which are imposed on subsidized products imported into the country.


sc00by25

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Reply 2 on: Jun 29, 2018
Excellent

TheDev123

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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