What is countervailing duty

Assignment Help Microeconomics
Reference no: EM13189141

Explain the nature of the deadweight losses that occur from a tariff. What is countervailing duty, why is it needed, and how does it work.
What is the difference between a specific tariff and an ad valorem tariff.

Reference no: EM13189141

Questions Cloud

Heads of the federal government''s executive departments : What principle did the First Congress establish regulating the president's powers of hiring and firing the heads of the federal government's executive departments?
Informative and persuasive speaking : According to the differences outlined in the Thesis Exercise between informative and persuasive speaking, which of the following is an example of a persuasive proposition, rather than an informative thesis?
Is your employer doing enough : "Is Your Employer Doing Enough?" Choose an employer with which you are familiar (it could be your own or one you know well.)
Civil rights to terrorism suspects : Argue whether or not the government should extend the same civil rights to terrorism suspects that American citizens enjoy. Base your argument on your present knowledge of civil rights and liberties.
What is countervailing duty : Explain the nature of the deadweight losses that occur from a tariff. What is countervailing duty, why is it needed, and how does it work. What is the difference between a specific tariff and an ad valorem tariff.
Convolving with user defined kernels : Convolving with User defined Kernels - Edit the original Kernel to make the output image shifted by 3 pixels to the left.
Why is a shortage of internet access at new ceiling price : Suppose that the black market for Internet providers arises, with internet service providers developing hidden connections. Illustrate the black market for inter access, including the implicit supply schedule, the ceiling price, the black market s..
List some of products you typically purchase as a consumer : Identify the market structure(s) for the products listed Is advertising is associated with the identified market structure(s). If so, explain why advertising and/or product differentiation is important to this particular market structure.
What is the dollar value of the total surplus : Assume the following values for Figures 5.4a and Figures 5.4b. Q1 = 20 bags. Q2 = 15 bags. Q3 = 27 bags. The market equilibrium price is $45 per bag. The price at a is $85 per bag. The price at c is $5 per bag. The price at f is $59 per bag.

Reviews

Write a Review

Microeconomics Questions & Answers

  What kind of demand does walmart''s products have

hat kind of demand does walmart's products have? Does it vary by season? What market segment does Walmart target?

  Demonstrate the impact of ikeas entry

IKEA is a Swedish home furnishings retailer. An official Indian agency supports IKEA opening 25 stores in India. Demonstrate the impact of IKEA's entry into the Indian home furnishings market.

  Describing equilibrium quantity and price

Assume that the demand changes to QD = 600-2P and the supply function stays the same. Graph the new situation in Excel. Find the new equilibrium price and quantity, and show it on your graph.

  Derive the residual demand curve

What will price and output be if there is no dominant firm? Now assume that there is a dominant firm, whose marginal cost is constant at $6. Derive the residual demand curve that it faces and calculate that it faces and calculate its profit maximi..

  Determine the slope of the lm curve

Define the factor that estimate the slope of the LM curve and whether an increase in theses factor will make the curve flatter or steeper.

  Explain the rationale

Analyze the various exchange-rate systems (floating, managed floating, adjustable pegged, and crawling pegged) and determine which would be most beneficial to the following stakeholders: the U.S. Government

  Investment banking firms involves

Guaranteeing a price for new capital to the issuing firm.Selling stock over the Internet.Issuing stock and using the proceeds to purchase bonds.

  Present a brief swot analysis

Summarize the firm's history, its recent and current operating results, and the economic, social, and political forces that affect it most and present a brief SWOT analysis.

  Market structure of oligopolies

What happens in the market for oranges if there is a hurricane that destroys the orange crop and explain why is strategic interdependence important for market structure of oligopolies?

  Two fiscal policy options

Which of the following changes to fiscal stimulus package of 2009 for $862 billion (under the bill called American Recovery and Reinvestment Act of 2009) would have a larger overall impact on AD? Explain your answer with credible logic and analysi..

  Draw a graph of the market for fire extinguishers

Draw a graph of the market for fire extinguishers, labeling the demand curve, the social-value curve, the supply curve, and the social-cost curve.

  Determining nash equilibrium strategies

Think that the following entry game. Here, company B is an existing company in the market, and company A is a potential entrant. Company A must decide whether to enter the market or stay out of the market.

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