Does that mean that trade should be inhibited

Assignment Help Microeconomics
Reference no: EM132121992

Question: In principle, the benefits of international trade to a country exceed the costs, no matter whether the country is importing or exporting. In practice, it is not always possible to compensate the losers in a country, for example, workers who lose their jobs due to foreign imports. In your opinion, does that mean that trade should be inhibited to prevent the losses?

Reference no: EM132121992

Questions Cloud

Estimate the proportion of officers who graduated : If we believe the percent to be 75%, how many police officers must we survey to estimate the proportion of officers who graduated from a police academy
What are some examples of political power countries : An economic union requires giving up some political autonomy to succeed. What are some examples of political power countries must give up to be members.
Explain the role insurance plays in your financial situation : What are some steps you could take to better protect yourself and/or reduce your insurance costs?
What do we mean by strategic information : In data warehousing, what do we mean by strategic information? For a university, what might be some strategic objectives and how might information support them?
Does that mean that trade should be inhibited : In principle, the benefits of international trade to a country exceed the costs, no matter whether the country is importing or exporting.
Explain why protectionism is a second-best choice : Economists sometimes say that protectionism is the "second-best" choice for dealing with any particular problem. What they mean is that there is often a policy.
Analyze publicly available information about a fortune 500 : Analyze publicly available information about a Fortune 500 Company and develop an assessment of the corporate strategy.
Gathering the data sources from existing systems : We focus on operations systems either by forming the ERD for a new system or by gathering the data sources from existing systems.
Rainbow connection five times in a row : Does this prove that her shuffle feature is not playing songs randomly? Explain. (Assume that her iPod samples songs with replacement.)

Reviews

Write a Review

Microeconomics Questions & Answers

  1 a special interest group cannot impose its will on the

1. a special interest group cannot impose its will on the majority because the perceived costs and benefits from

  What is the largest nominal deficit that the govt can run

The marginal product of labor (measured in units of output) for Expando Corp. is given by MPN = A(400-N) where A measures productivity and N is the number of labor hours used in production. Suppose the price of output is $.150 per unit.

  Conditions or impacts in developing countries

Briefly describe 3 living conditions or environmental impacts in developed countries that have reached phase IV, and contrast them with these conditions or impacts in developing countries that remain in earlier phases.

  Which interest rates are relatively constant explain

[Econometrics] Suppose you are attempting to build a model that explains aggregate savings behavior as a function of the level of interest rates. Would you rather sample during a period of fluctuating interest rates or a period in which interest rate..

  Will her average total cost increase or decrease

If Bianca advertises, will her average total cost increase or decrease at the quantity produced?

  Alex fiani corporation produces egg cartons which are sold

alex fiani corporation produces egg cartons that are sold to egg distributors. alex fiani corporation has estimated

  They then call these 100 people does sampling plan result

a polling company obtains an alphabetical list of names of voters in a precinct. they select every 20th person from the

  Compute multiple-regression equation estimating

Compute a multiple-regression equation estimating a typical home's sales price based on the various improvements.

  Generate the net cashflows

At the moment of the purchase, the interest rate on gold coins was 5%- Was this purchase a good deal for Khazad-dûm Inc.?

  Prepare an essay on minimum wages are likely to harm those

prepare an essay on minimum wages are likely to harm those they are designed to help. under what circumstances could

  Fiscal policy to fight against recession-rising unemployment

Suppose that U.S. government actively uses the fiscal policy to fight against recession and rising unemployment. To incorporate this behavior of government into the model, let’s assume that the government spending equation is given by where 0.

  What did the company use the money for

What did the company use the money for? Anything else that you think is interesting about the IPO. How was the offer price decided? How much money was raised?

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