What could have been the motivation behind the us action

Reference no: EM132177266

Question: 1. It is often said that developing countries have little to gain from economic integration projects among themselves because they trade very little with each other. What is the reasoning behind this view? Do you agree with the conclusion? Explain.

2. When Portugal and Spain (which import agricultural goods from the United States) entered the EC in 1986, the United States threatened to place heavy duties on imports from the EC of wines, Scotch whisky, and other luxury-type goods unless the Community permitted greater access to other U.S. goods. What could have been the motivation behind the U.S. action, and would you have supported the action?

Reference no: EM132177266

Questions Cloud

Why might an economist see virtue : Why might an economist see virtue in the concept of trade adjustment assistance (TAA)? What difficulties might be encountered in practice in the implementation.

Write a final paper on the child life topic : Write a final paper on the Child Life topic of your own choosing related to the ideas presented in this course.

Why have tariff reductions been substantial over the years : Why have tariff reductions been substantial over the years while reductions in nontariff barriers have been minimal?

Is the union likely to be welfare enhancing : Suppose country A is considering forming a customs union with country B. Country A produces only manufactured goods and imports all its raw materials.

What could have been the motivation behind the us action : When Portugal and Spain (which import agricultural goods from the United States) entered the EC in 1986, the United States threatened to place heavy duties.

What expected impacts could be beneficial : What expected impacts of further integration in the EU could be detrimental to the United States? What expected impacts could be beneficial?

Example of a price discrimination for a good : Provide an example of a price discrimination for a good or service that you thought it to unfair. Do you still believe that the discrimination is unjustifiable?

How would you explain reservations in the united states : How would you explain reservations in the United States about the implementation of NAFTA? Do you think that NAFTA is a "good thing" or not? Explain.

What is the value of a european call option : Suppose that The Warehouse currently trades at $2.04. What is the value of a European call option with strike price $2.15, maturing in six months time

User Account

All Pages