BuyFindarrow_forward

Foundations of Business - Standalo...

4th Edition
William M. Pride + 2 others
ISBN: 9781285193946

Solutions

Chapter
Section
BuyFindarrow_forward

Foundations of Business - Standalo...

4th Edition
William M. Pride + 2 others
ISBN: 9781285193946
Textbook Problem

List and briefly describe the principal restrictions that may be applied to a nation’s imports.

Summary Introduction

To determine: The principal restrictions, which may be applied to a nation’s imports.

Introduction: International business is also called as worldwide business which incorporates every single business action that happen to endorse the exchange of products, services, assets, individuals, thoughts, and advances crosswise over national limits.

Explanation

The principal restrictions, which may be applied to a nation’s imports are as follows:

  • Tariff: It is also called as import duty, where a tax that is imposed on an international goods when coming into a nation.
  • Quota: It is a boundary on the measure of specific products that might be foreign made into a nation.
  • Embargo: It is a complete discontinue to exchanging with a specific country or in a specific goods...

Still sussing out bartleby?

Check out a sample textbook solution.

See a sample solution

The Solution to Your Study Problems

Bartleby provides explanations to thousands of textbook problems written by our experts, many with advanced degrees!

Get Started

Additional Business Solutions

Find more solutions based on key concepts

Show solutions add

What does it mean to adopt a maturity matching approach to financing assets, including current assets? How woul...

Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)

What is inflation and what causes it?

Essentials of Economics (MindTap Course List)

When will flexible resources be relevant to a decision?

Cornerstones of Cost Management (Cornerstones Series)

LO3 To debit an account is to enter an amount on the left side of the account.

College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)

How do unions affect the natural rate of unemployment?

Principles of Macroeconomics (MindTap Course List)