Real income or economic welfare of the united states, International Economics

Q. The Brazilian firm is charging its foreign (U.S.) customers one half the price it is charging its domestic customers. Is this bad or good for the real income or economic welfare of the United States? Is the Brazilian firm engaged in dumping? Is this predatory nature on the part of the Brazilian steel company?

Answers: Good yes if you define dumping as selling abroad at a price lower than domestically. No if by dumping you denote selling below marginal cost. No - this isn't being done in order to capture market shares other than rather is "mere" static profit maximization behaviour as is expected of any self-respecting monopolist.

Posted Date: 6/25/2013 1:32:01 AM | Location : United States







Related Discussions:- Real income or economic welfare of the united states, Assignment Help, Ask Question on Real income or economic welfare of the united states, Get Answer, Expert's Help, Real income or economic welfare of the united states Discussions

Write discussion on Real income or economic welfare of the united states
Your posts are moderated
Related Questions
Q. It is claimed that the persistence of protectionism is often the result of the fact that those who lose from trade are usually a much more informed, cohesive and motivated a gr

Q. Explain why after, say Norway unilaterally pegs the krone to the euro, domestic money market disturbances will no longer affect domestic output despite the continuation of float

Q. Write an essay on the importance of a sound banking system in developing countries. Answer: Students must describe the phenomena of moral hazard as a part of their answer,

Q. The Metzler Paradox is a special case of the optimum tariff idea. Discuss this assertion. Could the optimum tariff tend to be a high one or a low one in the case where this p

1. Write about masculinity vs. feminity of culture. 2. Write a note on ‘Organic effect' that affect the decision making process. 3. What is ‘Ad Valoram' rate of duty? 4. What is ‘D

Q. "The costs and benefits for a country from joining a fixed-exchange rate area such as the EMS depend on how well-integrated its economy is with those of its potential partners.


Q. Suppose Russia's inflation rate is 200% over one year, but the inflation rate in Switzerland is only 2%. According to relative PPP, what should happen over the year to the Swis


Criticism against Hechscher-Ohlin type trade theories is explained below: The foremost criticism leveled against Hechscher-Ohlin type trade theories are that they views compara