The use of artificial trade barriers

Assignment Help Business Economics
Reference no: EM131173937

The use of artificial trade barriers, such as tariffs and import quotas,

A. cannot increase domestic output and employment in the short term, but can in the long term.

B. cannot increase domestic output and employment in the short term or the long term.

C. can increase domestic output and employment in the short term and long term.

D. can increase domestic output and employment in the short term, but that is not likely to last for the long term.

Reference no: EM131173937

Questions Cloud

Key factor within the healthcare revenue cycle : Reimbursement in a healthcare facility is a key factor within the healthcare revenue cycle. In this discussion, explain the checks and balances that should be in place to ensure that the facility is receiving maximum reimbursement. Consider what is n..
City tax reduction-reduciton in price or increase in price : Because of a city tax reduction, the total fixed cost a firm must pay is reduced by $500 monthly. The firm operates in conditions of perfect competiion. If the firm seeks to maximize its profit, this cost reduction should (at least in the short run) ..
Demand and supply equations for cell-phones : Consider the following demand and supply equations for cell-phones in the domestic country: Supply: Qs = − 60 2 + 3 2 P Demand: Qd = 300 2 − 3 2 P where the price is measure in $/cell-phone and the quantity is measure in thousands of cell-phones. 1. ..
About the regulations on executive pay to limit moral hazard : In knowing about the regulations on executive pay (in the narrow field of banking) to limit moral hazard, maybe consequently creating a larger problem of adverse selection. Apply your knowledge of these topics and the larger set of knowledge of incen..
The use of artificial trade barriers : The use of artificial trade barriers, such as tariffs and import quotas,
The potentially valid arguments for tariff protection : “The potentially valid arguments for tariff protection—military self-sufficiency, infant industry protection, and diversification for stability—are also the most easily abused.” Which of the following illustrates the potential for abuse of tariff pro..
Valid arguments for tariff protection : Which of the following are valid arguments for tariff protection?
The change in the interest rate will be percent : You are considering buying a new house, and have found that a $200,000, 30-year fixed-rate mortgage is available with an interest rate of 6 percent. This mortgage requires 360 monthly payments of approximately $1,179 each. If the interest rate rises ..
Compute the present value : Compute the present value of a $500 investment made 4 months, 7 years, and 15 years from now at 4 percent interest. Instruction: Round your answers to the nearest penny (2 decimal places). Present value of investment made in 4 months at 4 percent = $

Reviews

Write a Review

Business Economics Questions & Answers

  The term consumer sovereignty refers

The term consumer sovereignty refers to...

  At what point do diminishing returns set in

Suppose that 0 workers generate 0 output, 1 worker generates 8 units of output, 2 workers generate 20, 3 workers generate 35, 4 workers generate 45, and 5 workers generate 47 units of output, 6 workers generate 47 units of output, while 7 workers gen..

  Suppose unemployed people leave a state to obtain jobs

Suppose unemployed people leave a state to obtain jobs in other states. What do you predict will happen to the unemployment rate in the state experiencing the out-migration? What might happen to the unemployment rates in the states experiencing in-mi..

  What is the simple payback period for the solar panel

In this problem, we consider replacing an existing water heater with an array of solar panels. The net installment cost of the panels is $1260($2100 less a 40% tax credit from the government) Based on an energy audit the existing water uses 190 kilow..

  Linear-in-parameters-linear-in-variables regression model

Identify and discuss at least two economic phenomena for which the linear-in-parameters/linear-in-variables regression model may not be appropriate (besides any mentioned in the text).

  Illustrate what is the products price after the imposition

Illustrate what is the products price after the imposition of the tariff. what is the domestic value added before and after the imposition of the tariff.

  Elucidate why would a system of marketable pollution

Elucidate why would a system of marketable pollution permits leads to less costly pollution abatement and a higher concentration of polluted areas than a command-and-control system.

  What are n predictions of model

Reasonable to assume that disutility of pollution is related to flow of new pollutants and it is thus adequate to use a static model. What are n predictions of model.

  Evaluate the net welfare effect of the tax

Using a demand/supply diagram, illustrate and explain the effects of the imposition of an export tax on a good Y by a home country’s government on (i) the home country’s consumers of Y, (ii) the home country’s producers of Y, and (iii) the home gover..

  Explain each of the four components of gdp

Explain each of the four components of GDP. An individual has 10$ million on deposit in a financial institution drawing interest. That individual has no reason to fear inflation or recessions.

  Signal board protected by the business judgment rule

An appraiser valued a subsidiary of signal co. at between $230 million and $260 million. Six months later, Burmah Oil offered to buy the subsidiary at $480 million, giving Signal only three days to respond.  Members of the board were sophisticated, w..

  The domestic central bank decreases the money supply

Explain the international interest parity concept. Then explain in words what happens to the IS and LM curves and the nominal interest rate in the domestic economy, and then its impact on the exchange rate between the domestic economy and the rest of..

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