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instead of legislation banning the imports, assume that the government enacts a special tax on imported clothing that is so high that the selling price of the imports would be equal to the selling price of the same clothing made in America. This kind of tax is called a tariff and is enacted to protect domestic producers of the same items that can be imported at much lower costs. Answer the following:
a. What would shoppers see when they shopped in Wal-Mart and the other "big box" stores that sell so many imported items?
b. Would this tax policy have a better effect, worse effect, or no different effect on American workers than the legislation banning the imports discussed in question 1? What kind of effect would the tax have on the Asian workers
Describe the overall trends in crime rates in the US over the last 50 years. Discuss some of the possible causes of any major increases or decreases in the crime rate, and discuss for which of your causes there is strong evidence for or against.
what's the difference between Protestant work ethic(PWE) and Worldly protestant asceticism(WPA)? more importantly, please explain weber's idea of "worldly protestant asceticism" and how it gave rise to financial capitalism.
The last decade has witnessed an unprecedented number of mega-mergers in the banking industry: Bank of America's acquisitions of Fleet Bank, MBNA, and U.S. Trust; Bank of New York's acquisition of Mellon Financial; and Wells Fargo's acquisition of..
Describe when and why central banks buy either their own currency or the currency of another nation in an effort to control exchange rates.
Discuss why would a nation impose a trade embargo on another nation and what are a trade embargo's typical effects?
Draw a graph of the U.S. automobile market in which the domestic equilibrium price without trade is Pd and the equilibrium quantity is Q d. Use this graph to illustrate and explain the effects of a tariff if the United States were an auto importe..
How did the competitive environment confronting Black & Decker change during the 1980's and 1990's? What changes did Black & Decker make in its strategy and structure to compete more effectively in this new environment?
Suppose you have been assigned the task of making the process for the selection, establishment and facilitation and evaluation parameters for a global team that will consist of a representing member from every nation VRI currently does business.
What was the workers' marginal product last year? What is it this year and what is the elasticity of demand for Zamboni air filters?
In a 1990 article assessing the 1980's, Time reported that: "The good news is that U.S. gross national product doubled during the 1980s, from $2.7 trillion to $5.3 trillion." The GNP number they refer to is nominal GNP.
Many demographers predict that the United States will have zero population in the 21st century in contrast to average population growth of about 1 percent per year in the 20th century. Use the Solow model to forecast the effect of this lowdown.
housing prices have decreased, many homeowners have lost their homes because they are unable to pay the increasing mortgage costs of their variable rate home loans, more houses came on the market, fewer people could qualify for a home loan because..
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