As Globalization Tends to Increase the Proportion of Imported Inputs

question 27

Multiple Choice

As globalization tends to increase the proportion of imported inputs relative to domestically supplied components

• A) the nominal tariff automatically increases.
• B) the rate of (effective) protection automatically decreases.
• C) the nominal tariff automatically decreases.
• D) the rate of (effective) protection automatically increases.
• E) the amount of tariffs levied increases.

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Failure to comply with the set regulations and standards specified in local, state, or federal building codes.

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Illegal actions performed by an individual or a group within the context of business activities, often for the purpose of personal or organizational gain.

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Minor legal violations that typically result in a small fine or minimal punishment.

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