3. winners and losers from tariff reductions suppose that colombia imports cars from australia. the free market price is $9,200.00 per car. if the tariff on imports in colombia is initially 38%, colombians pay $ per car. one of the accomplishments of the uruguay round that took place between 1986 and 1993 was significant across-the-board tariff cuts for industrial countries, as well as many developing countries. suppose that as a result of the uruguay round, colombia reduces its import tariffs to 19%. assuming the price of cars is still $9,200.00 per car, consumers now pay the price of $ per car. based on the calculations and the scenarios presented, the uruguay round most likely in colombia and in australia.

Case in point 1.2 suppose you work in the it department of global hotels, a multinational hotel chain. global hotels runs several specialized business support systems, including a guest reservations system that was developed in-house to meet the requirements of a large company with worldwide operations. guests can make one-stop online reservations by visiting global's website, which has links to all major travel industry sites. global hotels just acquired momma's, a regional chain of 20 motels in western canada. momma's uses a vertical reservations package suitable for small- to medium-sized businesses and a generic accounting and finance package. should momma's use global hotels' information systems or continue with its own? in your answer, consider issues such as business profiles, business processes, system interactivity, edi, ecommerce, and the characteristics of both information systems. what additional information would be to you in making a recommendation?

Suppose you hold a portfolio consisting of a $10,000 investment in each of 8 different common stocks. the portfolio's beta is 1.25. now suppose you decided to sell one of your stocks that has a beta of 1.00 and to use the proceeds to buy a replacement stock with a beta of 1.55. what would the portfolio's new beta be? do not round your intermediate calculations.

Sole proprietorships produce more goods and services than does any other form of business organization.