User Account

All Pages

Import less capital equipment from us machinery firms

Assignment Help Microeconomics
Reference no: EM131737462

Question: Suppose the value of the Japanese yen rises 20%, but in order to maintain market share in the US, major Japanese companies decide not to raise the prices. As a result, their imports do not change, but profits of Japanese manufacturers decline, so they import less capital equipment from US machinery firms. Taking the effect on both consumers and producers into account, is the US better or worse off based on the Japanese decision to hold import prices constant? Is Japan better or worse off?

Reference no: EM131737462

Questions Cloud

Find the increased value of the dollar : When energy shocks have occurred in the past and the price of imported oil has soared, both the US trade balance and the value of the dollar have increased.
Effective project management processes : Describe the benefits delivered to an organization by the application of effective project management processes
Purchasing a business building valued : You are purchasing a business building valued at $317,000. You can find a mortgage at 6.9% if you can put 17.5% down. You believe your business can support a $1
Was self-defense applicable to the scenario provided : You should support your answer with an understanding of the definitions of simple assault, aggravated assault, aggravated battery, and robbery.
Import less capital equipment from us machinery firms : Suppose the value of the Japanese yen rises 20%, but in order to maintain market share in the US, major Japanese companies decide not to raise the prices.
What are the drivers for green supply chain management : What are the drivers for green supply chain management? How can organizations achieve a competitive advantage by implementing green supply chains?
Micro perspective in healthcare in small area variations : Explain the dimensions of quality from the micro perspective in healthcare in small area variations, medical errors, patient satisfaction, quality of life.
Company planning to enter a foreign market : What, in your opinion, is the most financially risky option for a new company planning to enter a foreign market? Explain your position.
Determine the specific segment of the market : This is based on a Nursing Home. Determine the specific segment of the market that your organization's strategy or strategies will target.

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd