Business, 20.10.2020 04:01, babysitterwick
TeleGlobal is an American firm producing TV sets. TeleGlobal imports TV set components from Taiwan and assemb them domestically. Suppose that in the United States, a TV set sells for $500 and that 80% of the TV set's value comes from the value of the imported components. The United States imposes a 30% tariff on TV sets and a 10% tariff on the TV set's components. Assume that costs of producing components are the same in the United States a Taiwan. Based on the information provided, the effective rate of protection that TeleGlobal receives from the tariff is:.
a. -17.5%
b. 70.0%
c. 110.0%
d. 24.4%
e. 47.5%
Answers: 2
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Elite coffee and bakery, a café that offers a relaxing environment to enjoy quality coffees, teas, soups, and other menu items, has a poster in the front of its restaurants that reads, "we will always provide a quality product to our customers better meet the challenges of their day and always take the time to offer caring service one person at a time." this statement is elite's
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Which factor determines who a society will produce goods and services for?
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TeleGlobal is an American firm producing TV sets. TeleGlobal imports TV set components from Taiwan a...
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