Find the long-term interventions

Assignment Help Business Economics
Reference no: EM133126421

All, excellent research. The United States Trade Representative began an investigation of China in August 2017, which concluded in a March 2021 report that found China was conducting unfair trade practices. The same day, President Trump announced tariffs on up to $60 billion of imports. "The administration soon published a list of about $50 billion worth of Chinese products to be subject to a new 25 percent tariff. Stage one of the tariffs began July 6, 2021, on $34 billion worth of Chinese imports, and stage two, the remaining $16 billion, went into effect August 23, 2021. These tariffs amount to a $12.5 billion tax increase" (York, 2020).

All, do you agree that longer term tariffs would reduce income and increase costs? Do you think tariffs and trade barriers are fine short-term solutions to help jump-start a particular product or to stabilize the economy, but long-term interventions should be ruled out?

Reference no: EM133126421

Questions Cloud

Draw a market diagram for covid-19 vaccines : Many governments are providing Covid-19 vaccines free of charge and introducing vaccine mandates of some kind. What is it about the market for vaccines that lea
Provide two examples of markets : The term "internality" was introduced in the unit on smoking. What is meant by the term "internality" and how does it differ from an "externality"? Provide two
Discuss any possible risks to phasing out tool : 1. The price of a barrel of oil is up to $80 in the last few weeks in November of 2021.
Locating credible databases and research assessment : Locating Credible Databases and Research Assessment - describe databases that are relevant to EBP around a diagnosis you chose and could be used to help a new
Find the long-term interventions : All, excellent research. The United States Trade Representative began an investigation of China in August 2017, which concluded in a March 2021 report that foun
Renewable electricity program : a) Briefly explain how each of the following work and an example of a region that uses them:
What is joan opportunity cost of going to the movie : Joan can only choose to do one of three options with her spare time. First, she could go to see a movie (which costs $15 for a ticket) but Joan values at $30. S
Areas of a hospitality business : Which regulatory authorities are responsible for following areas of a hospitality business in South Australia? Also describe the functions of these authorities
What type of foods or nutrients should patients : What type of foods or nutrients should patients with nephrotic syndrome avoid or consume more?

Reviews

Write a Review

Business Economics Questions & Answers

  The rate of return on other financial asset

The money demand curve is shown in a graph with interest rate on short term assets on the vertical axis. Why use short-term interest on the vertical axis and not the rate of return on other financial asset? What will happen to the money supply is Jam..

  If the demand for smart phones is price inelastic

If the demand for smart phones is price inelastic,

  Value of the marginal product of labor exceeds the wage rate

If the value of the marginal product of labor exceeds the wage rate, then a competitive, profit-maximizing firm would want to hire less labor. A competitive, cost-minimizing firm has the production function f (x,y)= x+ 2y and uses positive amounts of..

  How market for tradeable pollution allowances might work

The graph below can be used to analyze how a market for tradeable pollution allowances might work. Your task is to fill in the table that follows the graph and identify the features indicated by the boxes and call-outs. The incremental cost of reduci..

  Describe the social and economic repercussion

Describe the social and economic repercussion of the following inventions: the typewriter, the jet airplane, television, penicillin. Which do you think is greater in each case - the social or the economic impact?

  Let market demand in the trinkets industry

let market demand in the trinkets industry be given by Q(P) = 55−P. There are only two firms in the industry, and the total cost function for each firm be given by C(qi) = 10 + 25q, where i = 1, 2. 1. Find each firm’s Cournot-Nash equilibrium output,..

  What is the current canadian conservation biology policy

What is the current Canadian Conservation Biology policy? What are the economic costs and benefits, and is there any opportunity for policy improvement?

  Globalization is the process of the world becoming

Globalization is the process of the world becoming more connected. Like any process that involves economic choices, it has positive and negative consequences.

  Assignment on money supply

Suppose further that the reserve-deposit ratio (rr) is 1 (i.e., 100-percent-reserve banking). What is the money supply when the cash-deposit ratio

  Compute the market equilibrium price and quantity

a. Compute the market equilibrium price and quantity. b. Calculate the price elasticities of each curve at the equilibrium price/quantity.

  Changing demographics in your given community

Communicate how the potential payer mix relates economically to changing demographics in your given community. What potential solutions would you suggest to your director that might overcome the demographic shift? Analyze economic theories that are g..

  Make choice we are faced with an opportunity cost

Every time we have to make a choice we are faced with an opportunity cost. Using an example in your professional life, identify a situation where you were presented with a choice, the opportunity cost of the choice you made, and the process you used ..

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