User Account

All Pages

Tariff on imported refrigerators

Assignment Help Business Management
Reference no: EM131274551

The U.S. imports steel to make cars and refrigerators. Let us assume that KX is a less developed country that exports steel to the United States, and that you are the president of KX.

Currently the U.S. imposes a 20% tariff on imported cars, a 15% tariff on imported refrigerators, and a 10% import tariff on steel. The U.S. government has decided to reduce the tariff on imported steel to 5% starting next month.

Q: An economist in Lewis argues that the U.S. is discouraging KX from undergoing industrialization. Do you support the economist's argument? Explain.

Reference no: EM131274551

Questions Cloud

Good economic indicator of the stock market : Why is Dow Jones not a good economic indicator of the stock market compared to S&P 500?
Discuss the ways that formal policies of government : Identify three (3) specific groups that were affected by industrialization and provide two examples for each group describing how the group was affected. (Consider issues such as race, ethnicity, gender, child labor, etc.) Summarize how industria..
How are professional codes of ethics different : How are professional codes of ethics different from individual codes? Explain.- What actions are typically forbidden by corporate codes? Explain.
How would you advise d to act : C, a student at University Z, discovers a method of bypassing the telephone system that allows him to make free telephone calls. C tells his roommate, D, about this method.- How would you advise D to act, based on one of the ethical theories discus..
Tariff on imported refrigerators : An economist in Lewis argues that the U.S. is discouraging KX from undergoing industrialization. Do you support the economist's argument? Explain.
Assume that the one who is best suited for the job : The individual listed on his résumé that he had an MBA from Rutgers. He does not have an MBA.-  The individual listed that his prior salary was $40,000. The prior salary was actually $43,000.
What are best responses that author can give to objections : What are the best responses that the author can give to these objections? Should the reader find these responses convincing? Explain why or why not.
How would various schools of social responsibility influence : Do you now report it to your superior? To the salesperson's superior? How would the various schools of social responsibility influence your decision?
Discuss mobile apps for various smart devices and highlight : Your paper should be 2-3 pages in length and reflect your personal experiences with the topic. The important part of all these project assignments is to carefully assess your own experiences with the topic, and then reflect critically on what you ..

Reviews

Write a Review

Business Management Questions & Answers

  Important information about team buildingone of your

important information about team buildingone of your facebook friends has posted this notehelp i have just been

  Types of legal ownership for businesses in the united states

There are four main types of legal ownership for businesses in the United States. These are sole proprietorship, general partnership, limited liability company (LLC), and corporation

  Decision making and framing process

Decision Making and Framing Process

  Explain the capital budgeting process is important

Explain The capital budgeting process is important but is it the most important process that a firm undertakes

  Discussion-being an entrepreneur

What is a founders' agreement? Discuss the purpose of buyback clause and why it's important. Mention and explain four (4) steps entrepreneurs can take to avoid legal disputes.

  Discrepancy between your self-concept

How would you describe the discrepancy between your self-concept and your self-ideal - large, small or moderate? What are the advantages and disadvantages of self-discrepancies?

  How might you approach the prioritization of the risk

How would you use the results of this prioritization effort to guide the development of risk responses?

  Facing obstacles of change in the workplace

Show the imperatives for managing change in the workplace and - What is the relationship between the concepts of change and innovation?

  Profit maximizing price and quantity

Given the above information, what is the profit maximizing price and quantity for the single price monopolist? You should round your answers to the nearest whole number.

  Write a claim letter that documents the problem

Write a claim letter that documents the problem and states the action that you want taken. Add any information you feel is necessary. Address your letter to Ms. Arletta Sandusky, Customer Services, Premier Promos, 2445 Bermiss Road, Valdosta, GA 3..

  What is the minimum baldwin elite product manager

What is the minimum Baldwin's Elite product manager

  What are some ways whole foods

What are some ways Whole Foods have neglected certain stakeholders in the past?

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: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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