Discuss the pros and cons of removing the quota in short run

Reference no: EM131353749

1. Country A has a cold climate with a short growing season, but a highly skilled labor force (think of Finland). What sorts of products do you think it is likely to produce? What are the characteristics of the countries with which you would expect it to trade?

2. After the removal of a quota on sugar, many U.S. sugar farms go bankrupt. Discuss the pros and cons of removing the quota in the short and long runs.

Reference no: EM131353749

Questions Cloud

Choose five of the jobs that you identified in phase i : Choose Five of the Jobs that you identified in Phase I. Fill out the skills matrix Refer to the Readings on employer preferences and skills in the workplace). Keep in mind that the soft skills may not necessarily stated in the posting explicitly ..

Why you are nevertheless both likely to be better off : In the eighteenth century, some writers argued that one person in a trade could be made better off only by gaining at the expense of the other. Explain the fallacy in this argument.

Net ionic equation balanced : What is the sum of all coefficients when the following net ionic equation is balanced using the smallest whole number coefficients possible? Do not forget coefficients of one.

How far will the ball drop before it starts to come up : If the ball is held initially at a position where the air pressure is exactly atmospheric and then allowed to fall, how far will the ball drop before it starts to come up?

Discuss the pros and cons of removing the quota in short run : After the removal of a quota on sugar, many U.S. sugar farms go bankrupt. Discuss the pros and cons of removing the quota in the short and long runs.

Aqueous zinc chloride and hydrogen gas : What volume of 3.84 M hydrochloric acid is required to consume 4.12 grams of zinc to form aqueous zinc chloride and hydrogen gas?

Design a complete solution including an interface sketch : Most computer games use formulas to define what happens when a user interacts with the environment. For example, the formula for how much damage a player inflicted on a monster might be something like:damage = (player strength + player weapon) - m..

What is the speed of a longitudinal wave in argon at 293 k : Prove that the expression for the speed of a longitudinal wave in an ideal gas may be written w = √(δP/δρ)s.- What is the speed of a longitudinal wave in argon at 293 K?

What is the marginal cost of making one additional chair : If the company is able to produce and sell 44,000 chairs, how much will the company make on the chairs? What is the marginal cost of making one additional chair?

User Account

All Pages