Tariffs are the oldest instrument of trade policy

Assignment Help Business Economics

Reference no: EM131160660

Briefly describe the new trade theory.

Subsidies are a trade policy instrument.

True or False

Tariffs are the oldest instrument of trade policy.

True or False

Which of the following statements with regard to subsidies is true?

a. The main gains from subsidies accrue to domestic producers whose international competitiveness is increased as a result.

b. Pharmaceutical industry tends to be one of the largest beneficiaries of subsidies in most countries.

c. Subsidies always generate national benefits that exceed their national costs.

d. Subsidies comprise only of cash grants and low-interest loans.

e. Subsidies never help a firm achieve a first-mover advantage in an emerging industry.

Reference no: EM131160660

Questions Cloud

Foreign direct investment over exporting as entry strategy : What are the different types of industries for which licensing is NOT a good option? Under what circumstances, will a firm favor foreign direct investment over exporting as an entry strategy? Provide two examples.

Determine true cash balance by preparing bank reconciliation : Determine the true cash balance by preparing a bank reconciliation as of May 31, 2014, using the preceding information.

Actual and normal costing : Will underapplied and overapplied overhead arise under both actual and normal costing? Explain your answer.

Write a sales pitch to sell the product : Write a sales pitch to sell the product/service to the end consumer. The sales pitch that you write could be part of a marketing campaign, which can be the verbiage for a commercial, a flyer, a message posted on social network, and so on. Make sur..

Tariffs are the oldest instrument of trade policy : Briefly describe the new trade theory. Tariffs are the oldest instrument of trade policy. Which of the following statements with regard to subsidies is true?

Create material requirements plans : Your task is to complete the MPS plans for both end items and to create material requirements plans (MRP) forany 5 items in the BOM.

How much cash each partner receive in a final settlement : A local partnership has only two assets. - If the land is sold for $25,000, how much cash does each partner receive in a final settlement?

Will you incorporate any incentive programs : How will you create and sustain an environment in which motivation can occur? What will be some of the challenges in motivating your employees? How will you overcome these challenges?

What is the total amount spent on the good in the market : Assume that two firms operate in a market which has a demand function Q = 12 - 1P. Firm 1's output is designated by q1 and firm's 2's output is designated by q2. If firm 1 produces 2 units and firm 2 produces 4 units for sale, what is the total amoun..

User Account

All Pages