Author Question: Nontariff barriers lower prices of both imports and import-competing goods. Indicate whether the ... (Read 160 times)

jparksx · **on:** Jun 29, 2018

Nontariff barriers lower prices of both imports and import-competing goods.

Indicate whether the statement is true or false

Question 2

To avoid ___________________ ___________, the company should keep the expatriates in the loop'' for the duration of their assignments.
Fill in the blank(s) with correct word

billybob123 · **Reply #1 on:** Jun 29, 2018

Answer to Question 1

F
Nontariff barriers include all measures, other than traditional tariffs, that are used to distort international trade flows; they raise prices of both imports and import-competing goods and favor domestic over foreign supply sources by causing importers to charge higher prices and to restrict import volumes.

Answer to Question 2

Reverse culture shock