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NEW QUESTION: 1
RAL Industries is a manufacturing company that currently has locations in the United States and Latin America and has just completed an acquisition of a company located in Europe. As a result of the acquisition, they have a large number of financial service providers. In an effort to reduce the number of providers and services used globally, RAL has decided to develop a formal selection process to consolidate its many global banking services. In order to reduce the amount of time the selection process takes, determine which services providers can offer, and the number of providers involved in the process, what should RAL Industries issue?
A. Request for Participation
B. Request for Proposal
C. Request for Quote
D. Request for Information
Answer: D
NEW QUESTION: 2
If a country were considering between tariffs and quotas, which of the following statements can be
JUSTIFIED?
A. Quotas are superior to tariffs as they can be removed at any time and can be targeted at specific products.
B. Quotas and tariffs lead to the same result in terms of loss of consumer surplus for the importing country.
Neither dominates the other.
C. Tariffs are superior to quotas as the taxes accrue to the government whereas under quotas, lost consumer surplus accrues to foreign producers.
Answer: C
Explanation:
Under quotas and tariffs, the loss of consumer surplus is identical. In the former case it goes to the foreign producers and creates a lobby and special interest groups among them whereas under tariffs, the consumer surplus lost accrues to the government of the importing country.
NEW QUESTION: 3
Refer to the exhibit.
Which type of cable connector is displayed that is used to connect antennas to transmitters?
A. N
B. RP-TNC
C. SMB
D. SMA
E. MMCX
Answer: A