Valid arguments for tariff protection

Assignment Help Business Economics
Reference no: EM131173935

Which of the following are valid arguments for tariff protection?

A. Protection from foreign low-wage labor

B. Economic diversification

C. Ensuring adequate production levels in sectors deemed to be essential in the event of war

D. Increasing domestic employment

Reference no: EM131173935

Questions Cloud

Demand and supply equations for cell-phones : Consider the following demand and supply equations for cell-phones in the domestic country: Supply: Qs = − 60 2 + 3 2 P Demand: Qd = 300 2 − 3 2 P where the price is measure in $/cell-phone and the quantity is measure in thousands of cell-phones. 1. ..
About the regulations on executive pay to limit moral hazard : In knowing about the regulations on executive pay (in the narrow field of banking) to limit moral hazard, maybe consequently creating a larger problem of adverse selection. Apply your knowledge of these topics and the larger set of knowledge of incen..
The use of artificial trade barriers : The use of artificial trade barriers, such as tariffs and import quotas,
The potentially valid arguments for tariff protection : “The potentially valid arguments for tariff protection—military self-sufficiency, infant industry protection, and diversification for stability—are also the most easily abused.” Which of the following illustrates the potential for abuse of tariff pro..
Valid arguments for tariff protection : Which of the following are valid arguments for tariff protection?
The change in the interest rate will be percent : You are considering buying a new house, and have found that a $200,000, 30-year fixed-rate mortgage is available with an interest rate of 6 percent. This mortgage requires 360 monthly payments of approximately $1,179 each. If the interest rate rises ..
Compute the present value : Compute the present value of a $500 investment made 4 months, 7 years, and 15 years from now at 4 percent interest. Instruction: Round your answers to the nearest penny (2 decimal places). Present value of investment made in 4 months at 4 percent = $
Fixed-rate mortgage is available with an interest rate : You are considering buying a new house, and have found that a $200,000, 30-year fixed-rate mortgage is available with an interest rate of 6 percent. This mortgage requires 360 monthly payments of approximately $1,179 each. If the interest rate rises ..
Economy can experience high growth-normal growth : Assume that the economy can experience high growth, normal growth, or recession. Under these conditions, you expect the following stock market returns for the coming year: State of the Economy Probability Return High Growth 0.2 60% Normal Growth 0.7 ..

Reviews

Write a Review

Business Economics Questions & Answers

  When would it make sense for a factory

When would it make sense for a factory that is losing money to remain in operation

  Illustrate marginal tax rate alter his level of charitable

Illustrate by how much (what percentage) does the consumer facing a 15% marginal tax rate alter his or her level of charitable giving as the result of the deductibility of charitable contributions?

  How foreign persons are taxed on income generated in u.s.

Examine at least three categories of U.S. sourced income that will generate U.S. taxes for your client - Analyze the source rules reach of the U.S. Tax Code in regard to international taxation.

  What is bribery and what are the issues caused by bribery

What is bribery, and what are the issues caused by bribery? How would you deal with bribery if you were faced with the issue?

  Explain how should the editor revise the probabilities

If the proposed textbook receives a favorable review, explain how should the editor revise the probabilities of the various outcomes to take this information into account.

  What is the equation for the average variable cost

Bob’s Whole Catfish is a southern Alabama farm that operates in the perfectly competitive catfish farming industry. Bob’s short-run total cost curve is STC(Q)=400+2Q+0.5Q2 where Q is the number of catfish harvest per month. All of the fixed costs are..

  Identify which market structure each company would belong

As an economist, what good do you think each of your companies have a comparative advantage in. Why. What would an economist say was the cause of the price of your stock rising, falling or staying the same? Be specific regarding the determina..

  The economy is at the natural rate of unemployment

Starting from long-run equilibrium, graphically illustrate and explain what happens to the equilibrium price level, equilibrium level of real GDP and the unemployment rate in response to an increase in technology. Is it reasonable to conclude that th..

  Calculate the correct balance of cash

comparing the company's cash records with the monthly bank statement reveals several additional cash transactions. Calculate the correct balance of cash?

  What is the trend in weekly price of each sku-Using Stata

How many cases of Robert Mondavi Private Select were sold each year from 2005-2008? a. Construct a table showing the total number of cases sold each year. b. Construct a bar graph showing the total number of cases sold each year. What is the trend in..

  Determine the firms economic value added

Last year Jamison had EVA® net income of $200,000, cost of capital of 10 percent, and EVA® capital of $750,000. Determine the firm's economic value added.

  Major role in influencing the decisions of purchasers

If the quality differences of similar products are mostly imperceptible to the average consumer's eyes, which of the following will most likely play a major role in influencing the decisions of purchasers?

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