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Sholpan [36]
3 years ago
6

A revenue tariff is designed to assist more efficient domestic producers, whereas a protective tariff is designed to promote imp

orts.
Question 13 options:
True
False
Business
2 answers:
bezimeni [28]3 years ago
6 0

Answer:

False

Explanation:

Revenue tariff means increasing earnings. It will raise government revenue instead of protecting domestic ventures. It is a direct income in the form of tax to obtain from corporate revenues.

On the other hand, protective tariffs are designed to protect domestic producers. It protects local manufacturers by imposing a heavy duty on imported products, which enables the products to become less attractive. Therefore, the aim is to reduce imports.

VMariaS [17]3 years ago
5 0

Answer:

False

Explanation:

A revenue tariff is a tax imposed on goods and services to raise revenue for the government. The tariff is levied on imports as a percentage of the value of imported goods. Other taxes imposed by governments for purposes of collecting revenue may also be referred to as revenue tariff.

A protective tariff is a tax imposed on imports to protect domestic industries from unfair competition from imports. The tax makes imports expensive and in the domestic markets.

A protective tariff purpose is to discourage imports.

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The following information is available for Fuller Manufacturing Company for the month ending October 31:_______.
denis23 [38]

Answer:

$6,625,000

Explanation:

Direct material $1,323,600

Direct labor. $1,680,000

Total factory overhead. $3,544,200

Add: Opening work in process inventory $455,300

Less: Closing work in process inventory ($378,100)

Costs of goods manufactured $6,625,000

8 0
2 years ago
The idea that the white race is superior to other races is called
Bad White [126]

Answer:

racism

Explanation:

4 0
2 years ago
Read 2 more answers
Conduct a meeting with the client about negotiating. please write a conversation or scenario?
Novosadov [1.4K]

The correct answer to this open question is the following.

Conduct a meeting with the client about negotiating.

I choose to write about the scenario.

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I would create the scenario in which I will be the other part he is about to negotiate with. For this to happen, I am going to explain some basic principles about negotiation and put a series of examples so he can grasp the most important ideas.

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3 years ago
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VashaNatasha [74]

Answer: Of the world economy towards becoming a more interdependent

system.

Explanation: The process under which the government, people and companies of different nations are coming together to make the world a better place for business is called globalization. Under globalization various tax and tariffs are lowered down by different countries for ease of business and free flow of goods and services making the world interdependent.

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3 years ago
What are the effects of business on environment? List them. ​
Furkat [3]

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Explanation:

4 0
2 years ago
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