Reference no: EM131006097
Submit answers to the following questions in the unit drop box. You must explain your answer and provide your supporting computations. Yes/No answers or simple numbers are not acceptable and will not receive full credit.
1. Why does a sales tax shift a supply curve up and why can't the seller always raise prices by the full amount of the tax?
2. What is the difference between a specific tariff and an ad valorem tariff?
3. If a small country wants to protect its domestic producers from more efficient foreign competition by imposing an import tariff, will it come out ahead?
4. Do consumers lose when a large country protects its less efficient producers from foreign competition by imposing a tariff?
5. What is a countervailing duty, why is it needed, and how does it work?
6. Explain the nature of the deadweight losses that occur from a tariff.
7. Because Japanese auto manufacturers were more efficient than American auto manufacturers at making small, reliable, fuel efficient cars, the Regan administration imposed VER's on Japanese auto exports into the U.S. in the 1980s. Why was this a second-best trade policy and what were some of its costs?
|
Business law case study
: Business Law case study - In the Lee case, there was a losing side. That side will look for an error in the rules the judge applied in order to appeal. The winning side will attempt to defend the judge's use of the rules that produced the winning ..
|
|
What is a trading bloc and a trade concentration ratio
: What is a trading bloc and a trade concentration ratio, and does it make sense that trade concentration ratios should be greater than +1? What kind of trading bloc is NAFTA and how has it influenced trade within the bloc? What is multilateralism and ..
|
|
Write a program to display a simplified bill
: Write a program to display a simplified bill. The customer's name, the number of hours of labor, and cost of parts and supplies should be entered into the program via text boxes. When a button is clicked, the customer's name and the three costs sh..
|
|
What is difference between specific tariff-ad valorem tariff
: Submit answers to the following questions in the unit drop box. You must explain your answer and provide your supporting computations. Yes/No answers or simple numbers are not acceptable and will not receive full credit. Why does a sales tax shift a ..
|
|
Compare the way a bargain purchase option
: Compare the way a bargain purchase option and a residual value are treated by the lessee when determining minimum lease payments.
|
|
Interest rate during the great depression
: Use the IS-LM model to illustrate graphically the impact of the Pigou effect on the equilibrium level of income and interest rate during the Great Depression, when prices were falling.
|
|
Find an equation of the planes tangent to the given surfaces
: Find an equation of the planes tangent to the following surfaces at given points, x2 - 2y2 + z2 / 4 = 3, at (√2, 0, 2). z = xy - 25 at (1, 16, -9).
|
|
How an individual can use effective communication techniques
: Describe how alignment between the values of an organization and the values of the nurse impact nurse engagement and patient outcomes.
|