Multiple Choice
Landing Service
Landing Service is a lawn furniture company that has been around for many years.It is known for its ability to produce furniture more efficiently than any other company in the nation.In truth, no other companies in any other nation come close.Landing Service has shipped many of its products internationally.In fact, 80 percent of its profits come from international sales.However, the Italian government has imposed a tax on imported furniture items to protect local companies.The Brazilian government, on the other hand, has imposed taxes on Landing Service products due to the government wanting a piece of the pie.
Landing Service initially thought that these taxes were unfair because it was being singled out.However, after Landing Service contacted the organisation that had the power to mediate this situation, the furniture company realised that the taxation it was subjected to was legal and that there was nothing it could do about it.
-Refer to Landing Service.Because the company is known for its ability to produce lawn furniture more efficiently than any other company in the world, the company must have a(n) ____ advantage.
A) Total
B) Relative
C) Comparative
D) Proportional
E) Absolute
Correct Answer:

Verified
Correct Answer:
Verified
Q29: Exportation of large quantities of a product
Q32: Devaluation decreases the cost of foreign goods
Q44: A tariff is a tax levied on
Q48: The total flow of money into a
Q50: Because Saudi Arabia and Australia have _,
Q55: Foreign licencing is similar to<br>A) starting from
Q56: Eleven republics of the former Soviet Union
Q57: A _ is issued by the exporter's
Q117: The United States buys automobiles from Japan
Q192: Another name for an import duty is