Production Costs and Prices of Imported and Domestic VCRs Imported VCRs Domestic VCRs Component parts $150 Imported
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Production Costs and Prices of Imported and Domestic VCRs
Imported VCRs | Domestic VCRs | ||
Component parts | $150 | Imported component parts | $150 |
Assembly cost/profit | 50 | Assembly cost | 50 |
Nominal tariff | 25 | Profit | 25 |
____ | ____ | ||
Import price | Domestic price | ||
after tariff | 225 | after tariff | 225 |
25. Consider Table 4.1. Prior to the tariff, domestic value added equals:
a. | $25 |
b. | $50 |
c. | $75 |
d. | $100 |
26. Consider Table 4.1. After the tariff, domestic value added equals:
a. | $25 |
b. | $50 |
c. | $75 |
d. | $100 |
Related Book For
Cost management a strategic approach
ISBN: 978-0073526942
5th edition
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
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