According to the Optimum Tariff Theory, a Foreign Producer Will

question 79

Multiple Choice

According to the optimum tariff theory, a foreign producer will most likely ________.

• A)ship highly taxed goods internationally on a per-unit basis
• B)lower its export prices if the importing country imposes an import tax on its products
• C)assess a tax on goods shipped internationally based on a percentage of the goods' value
• D)seek import tariffs by using the comparable access argument

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Definitions:

Factor-Comparison Method

A technique used in job evaluation that involves comparing jobs to a series of key factors and assigning monetary values to them.

Point System

A method for evaluating or ranking options based on the allocation of points to criteria deemed important.

Compensable Factors

Elements of a job that are used to determine its value and appropriate compensation, including factors like skill level, effort, responsibility, and working conditions.

Job Evaluation

A systematic process for assessing the relative worth of jobs within an organization to establish fair compensation.