To Avoid Tariffs, a Japanese Firm Moves Its Final Assembly

question 170

Multiple Choice

To avoid tariffs, a Japanese firm moves its final assembly line to Mexico and then ships the final products to Canada. This is an example of

• A) trade deflection.
• B) trade diversion.
• C) protectionism.
• D) rules of origin.

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Definitions:

Forgery

The illegal creation or alteration of a document with the intent to deceive.

Drawer

In banking and finance, it refers to the individual or entity that writes or issues a check or draft instructing the drawee to pay the stated amount to a third party (the payee).

Endorsement

An official signing or inscribing of one's name on a document to validate it or transfer its ownership.

Direct Deposit

An electronic process, preauthorized by a customer, that allows funds to be deposited directly into the customer’s bank account.