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.

---

Definitions:

Primary Functions

The main or core activities and responsibilities associated with a particular role, job, or system.

Leadership

The act of guiding or influencing people to achieve common goals.

Inspiring

The ability to fill someone with the urge or ability to do or feel something, especially to do something creative or beneficial.

Common Goals

Shared objectives or aims that unite a group or team, fostering collaboration and driving collective effort towards achieving these targets.