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Questions and Answers
What did the Tanzanian government do to encourage job creation in the textile industry?
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?
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?
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?
How did the Tanzanian government support local textile producers?
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What did Dewji mean when he mentioned 'operating across the entire value chain'?
What did Dewji mean when he mentioned 'operating across the entire value chain'?
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What is the significance of MeTL's move into textile manufacturing?
What is the significance of MeTL's move into textile manufacturing?
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'This positions MeTL as the market leader in the textile industry.' - What does this statement suggest about MeTL?
'This positions MeTL as the market leader in the textile industry.' - What does this statement suggest about MeTL?
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