Define standards for the sale of cars in the country

Assignment Help Management Theories
Reference no: EM131768725

Question: State Z's automobile manufacturing industry is one of the largest and most highly regarded in the world. The industry is concerned that it may lose some of its domestic market share to inexpensive, low-quality cars manufactured in newly industrialized countries. To avoid this, the industry lobbies the State Z government until it enacts new standards for the sale of cars in the country. The standards are set in such a way that only cars manufactured in State Z can meet them. Assuming that State Z is a member of the WTO, can the governments of those newly industrialized countries (also members of the WTO) do anything to get State Z to rescind its new standards? Explain.

Reference no: EM131768725

Questions Cloud

Problem on-pay off the balance due on the loan : Mr. Ess, the owner of the SS Skimpy and an American citizen, borrows money from Multi Bank in London to outfit his ship, giving the bank a maritime lien.
How much is the expected average rate of return : How much is the expected average rate of return for a proposed investment of $800,000 in a fixed asset with a useful life of 4 years
Increase the money supply by buying bonds : Monetary policy- Increase the money supply by buying bonds in order to increase interest rates.
What is the marginal propensity to consume in economy : a. Explain the meaning of each of these equations. b. What is the marginal propensity to consume in this economy?
Define standards for the sale of cars in the country : State Z's automobile manufacturing industry is one of the largest and most highly regarded in the world. The industry is concerned that it may lose some.
Reimporting assembled and operational video games : Eve, a national of State A, owns the technology for manufacturing a video game called "Porn-Man" that involves the use of the latest and most advanced computer.
Which report writing tip do you feel is most important why : Which report writing tip do you feel is most important? Why? Identify the steps in an accident investigation follow-up. Which step do you feel is most critical?
What was the revenue earned in march : Mary and Jack Gray, local golf stars, opened the Chip-Shot Driving Range Company on March 1, 2008. What was the revenue earned in March
Process of transforming command economy : State A, an Eastern European country, is in the process of transforming its command economy to a market economy. It is also a WTO member state that has granted.

Reviews

Write a Review

Management Theories Questions & Answers

  What is retailing

What is retailing? Retailing refers to the activities involved in selling merchandise to ultimate consumers.

  Improving the application of systems theory to health care

Make at least two (2) recommendations for improving the application of systems theory to health care IM / IT governance and planning. Provide specific examples to support the response

  Why would a lender offer unsecured loans

Why would a lender offer unsecured loans when it could demand collateral? How can a small-business owner or corporate manager use financial leverage to improve.

  The situation analysis is essentially a process

The situation analysis is essentially a process of assessing the current situation facing the organisation, arriving at a set of assumptions about the future and identifying key strategic issues that are likely to confront the organisation". Based st..

  Field of view at an unknown magnification

What is the diameter of a field of view at an unknown magnification if the size of a flea is 2 mm, and it occupies 30% of the field?

  Discuss about the ethical implications of assigning specific

Is it ethical to have employees' earnings based entirely on the extent to which they attain their goals?

  Accounting information systems summarized

Which of the 13 tools for accounting information systems summarized in Figure 7.18 do you feel are essential for any business to have today? Which of them do you feel are optional, depending on the type of business or other factor? Explain.

  Currently share knowledge or involve employees

Which organizational model best describes your organization or an organization with which you are familiar? How does your organization currently share knowledge or involve employees in formulating solutions to problems? Include the following in your ..

  Most authentic business scenarios

Introduces a "real-time" aspect in case analysis by requiring that students use a current business situation as the basis for their learning. You will be actively engaged in creating your own case study within the context of your real-world exp..

  The forecast for dec 2015 based only on the trendline

Using the Excel data provided, determine the Dec 2015 forecast for Ruston based only on the trend and then again with the seasonal component included, if any exists (Table 2). Management believes that the load for Ruston (Table 1) will remain..

  Do you agree with adams

He argued that the contract was not enforceable because the lobsters had not yet been caught when the contract was made. Do you agree with Adams? Why or why not?

  Which university is more effective - melbourne or sydney

which university is more effective - Melbourne or Sydney? - What is the purpose of the organisation? What is the scope of its operations?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd