____________________ Establish a Low Tariff Level on an Initial Quantity

question 2

Multiple Choice

____________________ establish a low tariff level on an initial quantity of the product being imported into the country but beyond an initial volume the tariff rate imposed on additional quantities imported escalates markedly.

• A) Tariff rate quotas
• B) Voluntary export restraints
• C) Countervailing duties

---

Definitions:

Decentralized Subsidiaries

Subordinate companies or branches that operate with a degree of autonomy from their parent corporation.

Complete Globalization

The process where businesses or other organizations develop international influence or start operating on an international scale without any barriers.

High-Trust Cultures

Organizational environments characterized by strong mutual respect, integrity, and confidence among members and leaders.

Company's Values

The core beliefs and ethical principles that guide a company's actions and decisions.