Ans: D) substitute goods
According to Michael Porter, one of the major forces influencing competition in an industry is the threat of ________
A) Giffen goods
B) independent goods
C) Veblen goods
D) substitute goods
Business
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Dead freight is a charge imposed on a charterer when a chartered ship has less than a full load
Indicate whether the statement is true or false
Business
________ is the customs value of goods that is determined by using whichever of the other methods best fit and adjusting it to the particular circumstances
A. Transaction value B. Deductive value C. Computed value D. Derived value
Business