Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Briefly explain the main arguments for a country wishing to restrict free trade.
Protection
There may be a require to protect fledgling industries which would not be able to compete on an equal footing with foreign competitors. These industries typically have yet to achieve economies of scale in production and possibly do not yet enjoy the factors of production that foreign competitors do. (e.g. a well trained labour force , simple of finance etc.)
Prevent 'dumping'
Protection may help avoid a 'dumping' of excess goods at unrealistically low prices by foreign companies which would impact unfairly on home producers.
Overcoming spoiling tactics of foreign competitors
Protection may help stop 'loss leader' pricing of goods by foreign competitors in order to unfairly damage local suppliers and gain market share.
Protect national cultural identity
A government may feel the requirements to protect its national cultural individuality against what it views as undesirable values and influences. As a result it may restrict free trade. (For instance, certain multinational operations might be discouraged if it is feared that there would be suppression by (say) undue American values being imposed on a proud indigenous culture founded on local, historical and religious heritages).
Ethical or moral grounds
A government might be feel a need to safeguard home consumers against harmful or distasteful imports (e.g. objects made of ivory, rare bird egg collections, 'date rape' drugs etc.)
QUESTION (a) Describe briefly five main features of an effective e-Business website. (b) Explain the terms intranet and extranet, and their importance in an e-Business compa
In 2006, European economy performed well with an economic growth of 3%, which was the highest since 2000. This is a sign that the economy is on the road to recovery and in fact mos
How is Grievance defined? A Grievance may be described as any feeling of dissatisfaction or discontent, whether expressed or not expressed and whether is valid or not, occur ou
QUESTION a) Briefly explain the following two methods of e-procurement: i. Reverse Auctions ii. Industrial Malls b) Elaborate on three characteristics essential for e-
Organisational Planning tool a) Opportunity cost refers cost calculated in terms of the next best alternative choice that is predetermined when a decision is made. In this case
This is a modern concept having excellent future prospects. Maintenance is more relevant with palnt and machinery of mechanical design having more number of moving parts.
QUESTION (a) Managing Public and Private Welfare Institutions has assumed major importance in the modern era. Discuss this statement giving suitable examples. (b) Welfare In
It is known as Balance of payments - an economic term. (BOP) calculates the payments that flow among any individual country and all other countries. It is used to summarize all int
1. Wage ratios must lie in between the inter-country productivity ratios. 2. Large countries are always less specialized. 3. Low wage countries have bigger gains from trade.
factors affecting the calculation of MRp
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd