A Foreign Company Partially Owned by the Foreign Government,manufactures Televisions

question 7

Multiple Choice

A foreign company partially owned by the foreign government,manufactures televisions in the foreign country.The cost to the company for the manufacture of the product in the U.S.is the equivalent of $100.Because of excess production,the firm exports 5,000 sets to the United States where they are sold for $120 each.If the nearest rival U.S.-made set sells for $150,the action of the company:

• A) constitutes price-fixing.
• B) violates the WTO anti-dumping provisions.
• C) violates the Sherman Act,because of the involvement of the foreign government in the company.
• D) appears to be legal.

Understand the process of converting between different compounding intervals.

Calculate the maturity date for investments or bonds based on their yield rates and purchase prices.

Determine the required rate of interest for an investment to reach a specific multiple of its original value over a given period.

Understand how to calculate annualized rates of return.

---

Definitions:

Sound

Vibrations that travel through the air or another medium and can be heard when they reach a person's or animal's ear.

Word

A basic unit of language that carries meaning and can consist of one or more morphemes; in computing, it often refers to a fixed-sized piece of data.

Report

A document or communication that provides information or findings on a particular topic, often after an analysis or investigation.

Picture

A visual representation or image captured by a camera, painted, drawn, or otherwise created, that visually depicts a scene, person, or concept.