Explain how lifting an import quota on other countries will affect an exporting country that had been
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 76% (17 reviews)
Lifting an import quota will lower the price back to the w...View the full answer
Answered By
Joseph Mwaura
I have been teaching college students in various subjects for 9 years now. Besides, I have been tutoring online with several tutoring companies from 2010 to date. The 9 years of experience as a tutor has enabled me to develop multiple tutoring skills and see thousands of students excel in their education and in life after school which gives me much pleasure. I have assisted students in essay writing and in doing academic research and this has helped me be well versed with the various writing styles such as APA, MLA, Chicago/ Turabian, Harvard. I am always ready to handle work at any hour and in any way as students specify. In my tutoring journey, excellence has always been my guiding standard.
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
If the United States puts an import quota on roses of 5 million containers, what happens to the U.S. price of roses, the quantity of roses bought, the quantity produced in the United States, and the...
-
Fill in the blanks to make the following statements correct. a. A tariff imposed on the import of leather shoes will cause an ________ in the domestic price. Total quantity of leather shoes sold in...
-
If Korea imposes an import quota on U.S. oranges, losers include Korean _______ of oranges and U.S. ______ of oranges. A. Consumers; consumers B. Consumers; producers C. Producers; consumers D....
-
Make a Marketing Plan for business during the Covid 19 Pandemic as it is today. Position yourself as an entrepreneur looking to open a new business or expand your existing business. Use assumptions...
-
An auditor for a government agency was assigned the task of evaluating reimbursement for office visits to physicians paid by Medicare. The audit was conducted on a sample of 75 reimbursements, with...
-
Which statement is correct about radiant flux intensity? A. It depends on the area of the measuring device. B. It is measured in W m 2 . C. It is the same as luminosity. D. It is the total radiant...
-
Torey Corporation was organized on April 1, with an authorization of 25,000 shares of six percent, \(\$ 50\) par value preferred stock and 200,000 shares of \(\$ 5\) par value common stock. During...
-
A work sheet for Juanita's Consulting is shown on the following page. There were no additional investments made by the owner during the month. REQUIRED 1. Prepare an income statement. 2. Prepare a...
-
the orginal author of the Three faces of performance measurement article argued that it is counterproductive to mix the three approaches to measurement. why do you think they make this conclusion?
-
A productivity index of 110% means that a company's labor costs would have been 10% higher if it had not made production improvements. Assume that Baldwin had a productivity index of 112% and that...
-
Why might a country that is more productive in producing wheat than its trading partners end up importing wheat?
-
Labor is relatively abundant in Mexico compared with arable land. Explain who wins and who loses in Mexico as a result of the North American Free Trade Agreement (NAFTA), which liberalized trade...
-
Use the 2017 Form 10-K (year ended on December 31, 2017) for Coca-Cola Bottling Co. Consolidated to complete the following requirements. Be aware that Coca-Cola Bottling Co. Consolidated (COKE) is a...
-
Q: 2 Check the continuity of the function f given by f (x) = 2x + 3 at x = 1. Q: 3 Find the derivative of f (x) = sin x assuming it exists.
-
Among the items in the financial statements for 20X1, Kadan Company reported the information below. (This is not a complete list of all of the financial statement items.) . Accounts receivable $200...
-
In Eclipse, open the BoardGameTester project. Create a new package named games.utilities. Add a public class named FileManager that contains the following methods: public static void...
-
A meter stick has a mass of 0.30 kg and balances at its center. When a small chain is suspended from one end, the balance point moves 16.0 cm toward the end with the chain. Determine the mass of the...
-
What are at least 5 presenting problems of the Westover family in the book Educated? As a general social worker: A. What will effectively engage a family who fears the government and presents many...
-
Calculate the average value of a half-wave rectified voltage with a peak value of 200 V.
-
An investor sells a European call on a share for $4. The stock price is $47 and the strike price is $50. Under what circumstances does the investor make a profit? Under what circumstances will the...
-
The Upward-Sloping Long-Run Supply Curve for Cotton Mini-Case shows a supply curve for cotton. Discuss the equilibrium if the world demand curve crosses this supply curve in either (a) a flat section...
-
The Upward-Sloping Long-Run Supply Curve for Cotton Mini-Case shows a supply curve for cotton. Discuss the equilibrium if the world demand curve crosses this supply curve in either (a) a flat section...
-
The 2010 oil spill in the Gulf of Mexico caused the oil firm BP and the U. S. government to greatly increase purchases of boat services, various oil-absorbing materials, and other goods and services...
-
A Town Council has decided to build a new community center to be used for conventions, concerts, and other public events, but considerable controversy surrounds the appropriate size. Many influential...
-
AllCity Inc. is financed 50% with debt, 15% with preferred stock, and 35% with common stock. Its pre-tax cost of debt is 6%; its preferred stock pays an annual dividend of $3.25 and is priced at $28....
-
HI There, I am struggling, the question is as follows: Explain the impact of economies of scale on inventory management? Student must reflect on the importance of this technique in relation to...
Study smarter with the SolutionInn App