d271 5.2
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Questions and Answers

What did the Tanzanian government do to encourage job creation in the textile industry?

  • Charged a lower value-added tax on finished goods
  • Gave preferential tax treatment to foreign producers
  • Imposed import tariffs on finished goods (correct)
  • Reduced taxes for all textile producers

    • What does the text suggest about the goods produced by MeTL in the textile industry?

  • They are mainly for domestic consumption (correct)
  • Most of the goods are exported
  • MeTL does not produce any goods
  • They are not meant for domestic consumption

    • Why did MeTL decide to move into textile manufacturing?

  • To focus on exporting goods
  • To compete with Chinese producers
  • Due to government incentives and tax treatments (correct)
  • To rely on importing finished goods

    • How did the Tanzanian government support local textile producers?

    <p>Offering preferential tax treatment to local producers</p> Signup and view all the answers

    What did Dewji mean when he mentioned 'operating across the entire value chain'?

    <p>Being involved in every stage of textile production</p> Signup and view all the answers

    What is the significance of MeTL's move into textile manufacturing?

    <p>To become Sub-Saharan Africa's largest player in textiles</p> Signup and view all the answers

    'This positions MeTL as the market leader in the textile industry.' - What does this statement suggest about MeTL?

    <p>'MeTL is a dominant force in the textile market'</p> Signup and view all the answers

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