Effects of tariffs differ from the effects of quotas

Assignment Help Microeconomics
Reference no: EM13767306

Q1) Why would cash transfers typically be preferred by recipients over in-kind transfers? What are the pros and cons of each from a government perspective? Respond to at least two of your classmates

Q2) Who gains and who loses from a tariff? How do the effects of tariffs differ from the effects of quotas? If you were a small country, what would you rather utilize?

Reference no: EM13767306

Questions Cloud

Scope of the project : Why is quality management important to the scope of the project?
What is the likely outcome for tom : What is the likely outcome for Tom of a successful action against James? List the elements of the cause of action that Tom would need to prove in order to succeed. Apply the elements of this cause of action to the facts
Determine the magnitude of the angular momentum of particle : The position vector of a particle of mass 2 kg is given as a function of time by r = (9 m) (i hat) + (3 m/s)t (j hat). Determine the magnitude of the angular momentum of the particle with respect to the origin at time 9 s. Answer in units of kg*m2/
What are the four basic financial statements : What are the four basic financial statements? What is the primary purpose of each of the four basic financial statements? In your opinion, which financial statement is the most important? Explain why.
Effects of tariffs differ from the effects of quotas : Why would cash transfers typically be preferred by recipients over in-kind transfers - Who gains and who loses from a tariff.
Identify the four basic financial statements : Identify the four basic financial statements. Describe the purpose of each of the four financial statements.
Discuss the list of four important issues : Discuss the list of four important issues that influence the response process. Needs to be a minimum of 1000 words
Determine most common problems associated : Determine most common problems associated with multi-project resource scheduling. Next, analyze at least three ways in which outsourcing project work alleviates those common problems that you determined.
Choices in financial accounting : As you have seen, companies sometimes have choices in financial accounting. In this module, you have learned of three widely used depreciation methods that can be used.

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

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