Exchange Control, International Marketing Mgt. – IBUS – Exam
The key terms in this International Marketing course include Exchange Control, Commercial Policy Tools, Tariffs, Non-Tariff Barriers (NTBs, Quotas Versus Tariffs, Government Seizure of Assets, Confiscation, Capital Account, International Marketing Mgt. – IBUS Exam
When a government restricts the amount of money that can be sent out of the country and also restricts the uses to which the money can be put, that is referred to as
exchange control.
ad valorem duties.
foreign exchange hedging.
monetary inhibition.
Examples of commercial policy tools include tariffs, exchange controls, and
completely knocked down (CKD) assembly.
non-tariff barriers (NTBs).
the balance of payments.
tariff engineering.
A company has initiated a tariff engineering study for its exports to Brazil. The goal of the study is:
to see if the form in which its products are exported should be altered to minimize the impact of tariffs
to research fees paid on engineering costs that may be removed from tariff calculations.
to see if negotiations with Brazilian customs officials need to be held to lower import tariffs
) to analyze tariff payments for possible rebates
Contrast quotas versus tariffs and their impact on international trade.
Quotas can potentially be a bigger problem than tariffs because the options to deal with quotas can be limited.
Tariffs can potentially be a bigger problem than quotas because the options to deal with tariffs can be limited.
Quotas result in higher import taxes for the foreign government as contrasted with only using tariffs.
Quotas ban the import of particular products, whereas tariffs are essentially import taxes.
Government seizure of assets with no remuneration is known as
confiscation.
nationalization.
expropriation.
antiboycott.
The capital account includes
direct and portfolio investments.
all the economic transactions between countries
unilateral transfers.
trade transactions in manufactured goods.
When a government restricts the amount of money that can be sent out of the country and also restricts the uses to which the money can be put, that is referred to as
exchange control.
ad valorem duties.
foreign exchange hedging.
monetary inhibition.
Examples of commercial policy tools include tariffs, exchange controls, and
completely knocked down (CKD) assembly.
non-tariff barriers (NTBs).
the balance of payments.
tariff engineering.