Production technology of a self proclaimed infant industry

Assignment Help International Economics

Reference no: EM1376423

Assume that the production technology of a self proclaimed infant industry allows economies of scale. Assume also that the same technology is available to foreign manufactures.

Is there a valid argument for protection in this situation from the perspective of the world as a whole? Why or why not?

Reference no: EM1376423

Questions Cloud

International trade commission of us : It has been estimated by the United States International Trade Commission that Japanese automobile import restrictions during 1980s

Question about standard trade model : The Internet has permitted for raised trade in services such as programming and technical support, a development that has reduced the prices of such services relative to manufactured goods.

Examination of heckscher-ohlin model : The G-20 give a statement Saturday indicating developing country we unlikely to back off their demands that developed country's do away with subsides and tariff barriers from their farm items.

Discuss the loss in productivity of us : Suppose if the U.S. productivity growth does not keep up with that of its trading partners, the U.S. will quickly lose its international competitivesness and not be able to export any products, and its standard of living will fall.

Production technology of a self proclaimed infant industry : Assume that the production technology of a self proclaimed infant industry allows economies of scale. Assume also that the same technology is available to foreign manufactures.

Market for building commercial aircrafts : According to your reading, which market structure is more applicable for the market for building commercial aircrafts, when there are two major manufacturers of the commercial airplanes and little possibility of entry by new companies:

Predict the effect of reducing protection : Describe some models that forecast the effect that decreasing protection Tariffs will have on factor prices Labour and capital?

Question related to market failure : In Florida, the huge contraption turns and begins lumbering down the next row of juice-laden Valencia oranges. The operator watches his progress on two TV screens in his cab,

Find the rate of deflation : Assume a scenario where you are an entrepreneur considering to expand your production of kitchen gadgets. You require to pay back a loan of $5,000,000 over 5-years.

User Account

All Pages