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 organization that had the power to mediate this situation, the furniture company realized that the taxation it was subjected to was legal and that there was nothing it could do about it.
-Refer to Landing Service. The Landing Service does mostly
A) mediating.
B) domestic sales.
C) importing.
D) exporting.
E) currency devaluation.
Correct Answer:

Verified
Correct Answer:
Verified
Q49: Lynn Bernerd, Inc.<br>Lynn Bernerd, Inc., manufactures and
Q50: The TPP was created in 2011 to
Q51: Globalization represents a huge opportunity for<br>A) all
Q52: When a country's currency is devalued, this
Q53: The World Bank is an example of
Q55: Lynn Bernerd, Inc.<br>Lynn Bernerd, Inc., manufactures and
Q56: What was the General Agreement on Tariffs
Q57: Companies such as ExxonMobil and Mitsubishi operate
Q58: The United States wants to limit the
Q59: When was GATT first established?<br>A) At the