Home › MBA International Business › International Business › Global Business Environment › A tariff set lower for some nations than for oth…
A tariff set lower for some nations than for others is called:
APreventive tariff
BPrescribed tariff
CPresumptive tariff
DPreferential tariff
Answer & Solution
Correct answer: D. Preferential tariff
1. Some trading partners are favoured.
2. Others pay the higher rate.
3. It is a preferential tariff.
_Source: OpenStax Introduction to Business, Chapter 3, Competing in the Global Marketplace._
Related questions
Taking cross-cultural classes in a programme is described as one basic way to acquire:Cultural intelligence is described as the capability to function and manage effectively inManagers use these frameworks mainly to understand and prepare for:Growing movement of people is said to make company workforces increasingly:The movement of people from their home country to other countries is called:A study of 114 expatriates found that both kinds of training had:One stated goal of any cross-cultural training is to raise an employee's:Training given once the employee has arrived abroad is called: