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Assume that a change in government policy results in greater production of both consumer goods and investment goods?
this economy's ppc is convex to the origin
What is receiver of stolen goods called?
A receiver of stolen goods is commonly referred to as a "fence." This individual knowingly buys, sells, or distributes stolen property, often to conceal the origin of the goods and profit from the illicit activity. Being a fence is a criminal offense, as it involves complicity in theft and trafficking in stolen items.
What is an example of an unlawful trade practice?
Examples of unlawful trade practices include misbranding goods quality, origin, or durability; using false advertising; mislabeling to mislead consumer about product size; and advertising or selling rebuilt goods as new.
What does customs duties mean?
Customs duties are taxes imposed by a government on goods imported into or exported out of a country. These duties are intended to generate revenue for the government and can also serve to protect domestic industries by making foreign goods more expensive. The rates can vary based on the type of goods and their origin, and customs duties are typically calculated as a percentage of the goods' value or a fixed amount per unit.
Identify 3 different shapes of PPF?
A Production Possibility Frontier (PPF) is a curved bowed out from the origin. It is mostly 2 dimensional and involving 2 goods or services.
Assume that a change in government policy results in greater production of both consumer goods and investment goods?
this economy's ppc is convex to the origin
What the exactly definition of certificate of fund origin?
A Certificate of Origin is required for many imports into the United States. The certificate states the exact place of manufacture and origin of the country that produced the goods.
What is business logistics?
process of managing goods from the point of origin upto the point of ultimate consumption
Logistics?
Logistics refers to the management and coordination of the flow of goods, services, and information from the point of origin to the final consumer. It involves activities such as transportation, inventory management, warehousing, and distribution.Short Definition: Logistics is the management of the movement and storage of goods and services from origin to consumer.
What is the difference between a manufacturer a distributor a wholesaler a retailer and a dealer?
A wholesaler is basically the 'origin' (manufacturer, etc.) of goods. The distributor is the person or business who buys goods from the wholesaler and sells goods to a dealer. A dealer is the person or business who sells goods to the public (me and you).
Freight prepaid abroad?
It meams that the freight will be prepaid but not at country of origin of goods and yes at another country. For exemple the prepaid freight payment, can be made at destination of the goods.
What is a bill of entry?
A bill of entry is an account of goods entered at a custom house, of imports and exports, detailing the merchant, quantity of goods, their type, and place of origin or destination.
What is business logistics management?
process of managing goods from the point of origin upto the point of ultimate consumption
Definition of industrial origin approach?
Industrial origin approach refers to contribution of resources from different sectors for the production of goods and services. This approach is also called value added approach.
What does FCA-Origin-Collect mean?
FCA-Origin-Collect typically refers to a designation in logistics and shipping, indicating that the seller is responsible for collecting the goods from their origin point, such as a manufacturer or warehouse, before delivering them to the buyer. This term is often used in international trade and freight agreements. The seller bears the responsibility for any associated costs and risks until the goods are collected. It's essential for both parties to clarify the terms of this arrangement to avoid misunderstandings.
What is receiver of stolen goods called?
A receiver of stolen goods is commonly referred to as a "fence." This individual knowingly buys, sells, or distributes stolen property, often to conceal the origin of the goods and profit from the illicit activity. Being a fence is a criminal offense, as it involves complicity in theft and trafficking in stolen items.
Why does a production possibilities curve have a bowed-out shape?
The PPF is bowed outwards (concave to the origin) as tradeoffs between the production of any two goods are constant.
