When One Nation Believes That Another Is Using Tariffs Unfairly,the

question 32

Multiple Choice

When one nation believes that another is using tariffs unfairly,the matter is adjudicated by:

• A) the World Bank
• B) the International Monetary Fund
• C) the Word Trade Organization
• D) the United Nations
• E) the Hague

---

Definitions:

Net Present Value

A calculation that compares the value of money now with the value of that money in the future, accounting for inflation and returns.

Lockbox System

A service offered by banks to companies for the receipt of payment from customers, involving the collection and processing of cheque payments at a secure location.

Collection Time

The average period a company takes to collect payments owed by its customers.

Lockbox Fee

A charge by banks for the service of collecting payments through a secured post office box and processing them for the account holder.