Explain how the costs and benefits of the import quotas

Reference no: EM13903331

1 Explain how different theories presented in this case study are supported and how they can be tested in general terms.

2 Explain why the results of the New York Times poll reported above are meaningless.

3 Explain the conflict of interest between the US car manufacturers and the UAW.

4 Why would the Japanese car manufacturers be willing to co-operate with the limiting of their exports to the United States?

5 Explain how the costs and benefits of the import quotas can be estimated in monetary terms, describing any problems involved.

6 One study7 estimated the cost of the quotas at $160,000 per job saved. In view of this, why do you think the quotas were implemented?

7 Explain the differences between the decision making processes of the US car manufacturers and the US government.

Reference no: EM13903331

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