Classifying commodities for tariff purposes

Assignment Help Microeconomics
Reference no: EM13833323

What are the various factors used in classifying commodities for tariff purposes?

 

Reference no: EM13833323

Questions Cloud

How involved is the government in each economic system : How involved is the government in each economic system? What are the pros and cons of each system? What challenges do you think a country would face if they changed from one economic system to another?
Converting both the rate and payments to weekly : Joe makes monthly deposits of $1,000 into an account with an NAR of 8% and weekly compounding. What will this be worth in 5 years? (This can be done by converting both the rate and payments to weekly, monthly or annually)
What should the firm have charged to maximize profits : Discuss a situation in which either your firm used cost-plus pricing or you did business with a firm that used cost-plus pricing. Explain why this was a poor choice for the firm's price making decision. What should the firm have charged to maximize p..
What will carmens optimal consumption bundle : Carmen's preferences are such that she is always indifferent between watching two movies or seeing one basketball game. Suppose that Carmen has an income of $90. If a movie costs $10, and a basketball game costs $18, what will Carmen's optimal consum..
Classifying commodities for tariff purposes : What are the various factors used in classifying commodities for tariff purposes?
Consider a two-commodity economy : Consider a two-commodity economy with 400 identical consumers. Each has the utilityfunction U = x1x2 and each has an income of 20. The x1-commodity is produced by 100price-taking profit-maximizing firms. Forty of them have the total cost function C(q..
What are value stocks and what are growth stocks : What are value stocks. What are growth stocks. What is the reasoning that investors use for purchasing value or growth stocks
Why the long-run aggregate-supply curve is vertical : Explain the following : a) Why the long-run aggregate-supply curve is vertical. b) Three theories for why the short-run aggregate-supply curve is upward-sloping.
Demand curve and represent it inequation form : Continuing from question 1, suppose there is a newcomer (indexed by C) to this (verysmall!) community with the following demand curve for water,  P = 30 - 2q

Reviews

Write a Review

Microeconomics Questions & Answers

  What theory of profit best reflects the performance of the

The flat-screen plasma TVs are selling extremely well.  The originators of this technology are earning higher profits.  What theory of profit best reflects the performance of the plasma screen makers?

  Increased government spending on nominal interest rates

Due to the recent recession, the government increased spending. Explain the effects of increased government spending on nominal interest rates.

  Identify some of the cost s associated with the antitrust

Identify some of the cost s associated with the antitrust behavior. Note the specific antitrust acts under which the violation was investigated

  Analyze monetary aspects of international trade describe

international trade is a complex area of study. effects of policies currencies tariffs trading arrangement and other

  Explain total cost schedule for a competitive firm

If market price is $60, how many units of output will the firm produce? Zero units of output because the firm shuts down. 1 unit of output. 2 units of output. 3 units of output.

  Calculate total costs for annual output

Suppose that your computers were not working and you had to solve the following problem for management by creating and explaining a data table.

  The cost of capital in short-run is 1000 per day and cost

a poncho company has the following short-run production functionq l 100l 5l2the cost of capital in the short-run is

  Prepare to bid lower to get a contract

How would you value the goodwill that is obtained in this way? Think about an example that pertains to you. If there is expected goodwill would you be prepared to bid lower to get a contract?

  What is the equilibrium for this advertising strategy game

Does Budweiser have a dominant strategy and what is the equilibrium for this advertising strategy game? That is, in which cell will the firms end up?

  Production relationships were only technical relationships

Why could diseconomies of scale never occur if production relationships were only technical relationships?

  Describe at the top of instruments that participants are

design either a survey quantitative - using a likert scale type instrument which has investigators ask questions in a

  Derivatives problem

Consider an economy in three periods, t = 0, t = 1 and t = 2. At t = 0, the market index is trading at a value of 100. At t = 1, the index either rises to 125 with 50 percent probability, or falls to 90 with 50 percent probability. Find the price you..

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