INTB 200 Drexel University Study Guide
Exam Set Questions And Actual
Answers.
The three tarrif methods - Answer Specific, Ad Valorem, Compound
Specific Tariff - Answer Fixed fee on one unit of imported good
Ad Valorem Tariff - Answer % of commercial invoice value
Compound Tariff - Answer Both specific and ad valorem combined (fixed and %)
Three Monetary Barriers to trade - Answer Differencial exchange rates, blocked currency,
goverment approval
Differencial Excange Rate - Answer Barrier to trade: encourages the importaion of desired
goods and discourages importation of undesired goods that the government does not want by
adjusting the exchange rate
Blocked Currency - Answer Barrier to trade: Can not exchange currency for other currency
Government Approval - Answer Barrier to trade: Countries where there is a severe shortage of
FC, exchange permit is required
5 Market Barriers to Trade - Answer *These are endless
Licenses
Import Quotas
Voluntary Export Restraints (VER)
Local Content Requirement
Embargos
Licenses - Answer Permission from the government to import certian good
, Voluntary Exports Restaint (VER) - Answer Created by the exporting country to protect
domestic industries; Increases the cost of imports
General Assembly - Answer Main deliberative, policymaking, and representation of the UN
(like peace and security); 193 Members
Security Council - Answer Peace and security; 15 Members
Economic and Social Council - Answer Help with sustainable development- economic, social,
and environmental
International Court of Justice - Answer 15 Judges: Dual rule: settle leagal disputes interationaly
and between states
Secretariat - Answer At the head the Secretary General: offices corrdinate and organize all
functions within the UN
Bodies of the United Nation - Answer General Assembly
Secretariat
Security Council
Economic and Social Council
International Court of Justice
Organizations within the UN - Answer International Civil Aviation Organization (ICAO)
World Health Organization (WHO)
International Labor Organization (ILO)
Sales Convention (SISG)
Convention of the Carriage of Goods by Sea (COGSA)
Commision of International Trade Law (CITL)
ICAO - Answer International Civil Aviation Org: Make sure planes are operating safely
WHO - Answer Word Health Organization: Manage disease, noncommunicable and
Exam Set Questions And Actual
Answers.
The three tarrif methods - Answer Specific, Ad Valorem, Compound
Specific Tariff - Answer Fixed fee on one unit of imported good
Ad Valorem Tariff - Answer % of commercial invoice value
Compound Tariff - Answer Both specific and ad valorem combined (fixed and %)
Three Monetary Barriers to trade - Answer Differencial exchange rates, blocked currency,
goverment approval
Differencial Excange Rate - Answer Barrier to trade: encourages the importaion of desired
goods and discourages importation of undesired goods that the government does not want by
adjusting the exchange rate
Blocked Currency - Answer Barrier to trade: Can not exchange currency for other currency
Government Approval - Answer Barrier to trade: Countries where there is a severe shortage of
FC, exchange permit is required
5 Market Barriers to Trade - Answer *These are endless
Licenses
Import Quotas
Voluntary Export Restraints (VER)
Local Content Requirement
Embargos
Licenses - Answer Permission from the government to import certian good
, Voluntary Exports Restaint (VER) - Answer Created by the exporting country to protect
domestic industries; Increases the cost of imports
General Assembly - Answer Main deliberative, policymaking, and representation of the UN
(like peace and security); 193 Members
Security Council - Answer Peace and security; 15 Members
Economic and Social Council - Answer Help with sustainable development- economic, social,
and environmental
International Court of Justice - Answer 15 Judges: Dual rule: settle leagal disputes interationaly
and between states
Secretariat - Answer At the head the Secretary General: offices corrdinate and organize all
functions within the UN
Bodies of the United Nation - Answer General Assembly
Secretariat
Security Council
Economic and Social Council
International Court of Justice
Organizations within the UN - Answer International Civil Aviation Organization (ICAO)
World Health Organization (WHO)
International Labor Organization (ILO)
Sales Convention (SISG)
Convention of the Carriage of Goods by Sea (COGSA)
Commision of International Trade Law (CITL)
ICAO - Answer International Civil Aviation Org: Make sure planes are operating safely
WHO - Answer Word Health Organization: Manage disease, noncommunicable and
