Trade policies have both positive and negative consequences

Assignment Help Operation Management

Reference no: EM131224972

Trade policies have both positive and negative consequences to businesses, consumers, and governments. A company in Japan recently proposed a revolutionary new concept for home washing machines that could make all other forms of washing machine obsolete. As a result, other countries may impose a quota on the imports of washing machines from Japan.

If a country imposes quotas on imports of the revolutionary new washing machine, which of the following statements would be true?

a. The number of washing machines sold to the country with quotas will decrease and the price will remain the same.

b. The number of washing machines sold to the country with quotas will increase and the price will decrease.

c. The number of washing machines sold to the country with quotas will decrease and the price will increase

d. The number of washing machines sold to the country with quotas will increase and the price will increase.

Reference no: EM131224972

Questions Cloud

Essential components of executive compensation : Write an analysis of the essential components of executive compensation. Explore these components and analyze how they impact present day organizations, unions, and individual employees. Support your analysis based on current research incorporatin..

How would you go about learning these three things : If you were to move to another country, what three things do you feel are the most crucial to know? Why are these three things crucial? How would you go about learning these three things? What challenges would you face in adapting your behavior to..

Effective quality and performance improvement programs : What components are required for effective quality and performance improvement programs in healthcare settings? What role does risk management provide? Describe two examples of risk encountered in healthcare that effective quality management programs..

Market segmentation-targeting and positioning interrelated : 1. How are market segmentation, targeting, and positioning interrelated? Illustrate how these three concepts can be used to develop a marketing strategy for a product of your choice.

Trade policies have both positive and negative consequences : Trade policies have both positive and negative consequences to businesses, consumers, and governments. A company in Japan recently proposed a revolutionary new concept for home washing machines that could make all other forms of washing machine obsol..

Level and manner of consumption : Identify other means by which the sustainable business can affect the level and manner of consumption. Place this in an ethical context and describe the pros and cons.

Different sizes with three different onboarding approaches : New employees at Sun Microsystems begin their orientation sessions after being hired with a computer game. It is part of an attempt to integrate new people, improve the image of the company, get feedback. The case introduces three companies of very d..

Find the standard deviations of the returns for goodman : Calculate the standard deviations of the returns for Goodman, Landry, and the Market Index. (Hint: Use the sample standard deviation formula given in the chapter, which corresponds to the STDEV function in Excel.)

User Account

All Pages