In 2006, the European Union (EU) Threatened to Ban Imports

question 155

Multiple Choice

In 2006, the European Union (EU) threatened to ban imports of long- grain rice because traces of genetically modified rice were found mixed in to commercial supplies. Instead of a ban, suppose the EU placed a tariff on the import of long- grain rice. Which of the following would be an outcome of this tariff?

• A) The EU would gain tariff revenue
• B) The price of long- grain rice in the EU would be higher with a tariff than if rice imports were completely banned
• C) European rice producers would decrease production
• D) The social loss would decrease

---

Definitions:

Project GLOBE

A research initiative that examines the impact of culture on leadership effectiveness and organizational practices across the world, aiming to understand how cultural norms and values influence business.

Empowering Leadership

A leadership style that seeks to give employees more autonomy, responsibility, and freedom to make decisions and contribute to the organization's goals.

Substitutes For Leadership

The concept that certain characteristics of the organization, task, or subordinates themselves can diminish or replace the influence of leadership.

Values-Based Leader

A leader who guides and influences others based on core personal values and principles, often inspiring similar values in their followers.