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Aneli [31]
2 years ago
6

Kelia, the owner of a Lebanese factory that produces electrical converters, recently learned that the EU will begin taxing all e

lectrical components imported into EU member nations. In this example, a tariff is being implemented to protect European electrical component manufacturers. Group startsTrue or FalseTrue, unselectedFalse, unselected
Business
1 answer:
Sliva [168]2 years ago
3 0

Considering the situation described above, it is <u>true</u> that in this example, a tariff is being implemented to protect European electrical component manufacturers.

This is because when tariffs are placed on imported goods, the price of imported goods would be higher compared to domestic goods.

This situation would make domestic goods appealing and have more demand than imported goods. As a result, domestic goods are protected from the competition of imported goods.

Hence, in this case, it is concluded that the correct answer is "<u>True</u>."

Learn more about Tariffs here: brainly.com/question/20800855

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Indicate whether each of the following actions represents foreign direct investment or foreign portfolio investment. Foreign Dir
Fudgin [204]

Answer:

Foreign Direct Investment - Opening a retail store in a foreign country

Foreign Portfolio Investment  - Buying bonds issued by a foreign government

false

Explanation:

Foreign direct investment can be described as when a firm or an individual in one country makes an investment in a business interest in another country.

Foreign direct investment usually takes two form :

  1. the investor sets up a business in the foreign country
  2. the investor acquires foreign assets in the foreign country.

An example is when a US firm establishes a new business in another country.

foreign direct investment usually requires a lot of active management. As a result, an individual might not have the capacity or resources to effectively manage an FDI when compared with a corporation

Foreign Portfolio Investment is when an investor in one country purchases financial assets in another country.

For example, a resident of the US purchases bonds in Ghana

7 0
3 years ago
True or False: Most of the value added included in GDP in the United States is added by businesses rather than consumers.
shtirl [24]
The answer to this is true
7 0
3 years ago
The main source of profit for financial institutions comes from:
Olin [163]

Answer: The correct answer is choice d.

Explanation: The main source of profits for financial institutions is the interest that it receives on money that it loans out. More specifically, the difference between interest paid on deposits and interest received on loans. The other choices do represent revenue streams for financial institutions, but they are not the primary ones.

7 0
3 years ago
Which of the following is true of good salespeople?
gulaghasi [49]

Answer:

Option 2 is the best option (they have tenacity but know...)

7 0
3 years ago
Read 2 more answers
Penelope is a manager with quick pizza. she is very good at understanding the feelings of her subordinates and takes time out fo
melisa1 [442]
<span>Penelope is a manager with quick pizza. She is very good at understanding the feelings of her subordinates and takes time out for all of them. She listens to their problems, sympathizes with them, and tries her best to give them solutions regarding the same. From this information, it can be said that penelope is high on agreeableness.

Agreeableness is a personality trait in the Big Five Personality Traits. Someone who is high on agreeableness has a warm and friendly personality. These people get along with others well. </span>
5 0
3 years ago
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