Why might a government impose a tariff on a product, and who benefits from tariffs?
Question:
Why might a government impose a tariff on a product, and who benefits from tariffs?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
Governments might impose tariffs on products for several reasons primarily aimed at protecting domestic industries generating revenue and addressing trade imbalances Some of the key reasons for imposi...View the full answer
Answered By
ANDREW KIPRUTO
Academic Writing Expert
I have over 7 years of research and application experience. I am trained and licensed to provide expertise in IT information, computer sciences related topics and other units like chemistry, Business, law, biology, biochemistry, and genetics. I'm a network and IT admin with +8 years of experience in all kind of environments.
I can help you in the following areas:
Networking
- Ethernet, Wireless Airmax and 802.11, fiber networks on GPON/GEPON and WDM
- Protocols and IP Services: VLANs, LACP, ACLs, VPNs, OSPF, BGP, RADIUS, PPPoE, DNS, Proxies, SNMP
- Vendors: MikroTik, Ubiquiti, Cisco, Juniper, HP, Dell, DrayTek, SMC, Zyxel, Furukawa Electric, and many more
- Monitoring Systems: PRTG, Zabbix, Whatsup Gold, TheDude, RRDtoo
Always available for new projects! Contact me for any inquiries
4.30+
1+ Reviews
10+ Question Solved
Related Book For
International Business The Challenges Of Globalization
ISBN: 9781292450315
10th Global Edition
Authors: Kenneth Wild
Question Posted:
Students also viewed these Business questions
-
Note: A free response paper is a short essay which conveys your reaction to article you have read.. Do a free response reflection paper on Lincoln and the Global Economy posted under Week 5....
-
MCQ questions: 1. An increase in oil prices, such as the oil shocks in the 70s, lead to _______ thereby causing ________ a movement along the AS curve; cost-push inflation a leftward shift in the AS...
-
Question Answered Acer Inc. is a leading marketer of notebook and desktop PCs. The company, which posted sales of $21.3 billion in 2010, also produces other products such as the new Iconia tablet....
-
Why should changing the axis of rotation of an object change its moment of inertia, given that its shape and mass remain the same?
-
(Mortgage, refinancing a loan) You financed the purchase of a $300,000 apartment with a down payment in cash of 20% of the purchase price. The remaining 80% is financed with a mortgage with a 1%...
-
A metal spoon acts approximately as a spherical mirror. The spoon in Figure P24.56 produces an upright image of an object. (a) Is the front of the spoon (the side that would hold soup) facing toward...
-
Fowler Corporations computer services department assists two operating departments in using the companys information system effectively. The annual cost of computer services is $360,000. The...
-
Mike Jackson invested a total of $15,600 in the New Colony Pacific Region mutual fund. The management fee for this particular fund is 0.50 percent of the total asset value. Calculate the management...
-
Why do governments impose quotas on products, and who benefits from this practice?
-
What are the intentions and the drawbacks of subsidies for various parties?
-
Review the text definitions of market and target market. Markets can be classified as consumer or industrial. Buyer behavior consists of the decisions and actions of those involved in buying and...
-
Problem 14-23 (Static) Comprehensive Problem [LO14-1, LO14-2, LO14-3, LO14-5, LO14-6] Lou Barlow, a divisional manager for Sage Company, has an opportunity to manufacture and sell one of two new...
-
The farm business owes income taxes at the end of the year because income taxes are not paid until after the end of the year is true or false
-
So there were some changes in "Kieso intermediate accounting 15th edition"chapter 18 (revenue recognition). Is the test bank the same as before? If not when and what year did the update occur? Please...
-
Explain how competencies are developed through supervised practice. Focus your response on skills application utilizing the psychodynamic or cognitive behavioral approach to supervision. Include...
-
Which statement is correct? Select the best answer. Answer Keypad Keyboard Shortcuts Physical capital deepening has a larger marginal effect in low-income countries than high-income countries. Human...
-
Nicks Liquidators reported 450,000 shares of common stock outstanding for the year. The company also has stock options outstanding all year that will result in 125,000 incremental shares upon...
-
Consider a game of poker being played with a standard 52-card deck (four suits, each of which has 13 different denominations of cards). At a certain point in the game, six cards have been exposed. Of...
-
Explain the role of nationalism in politics.
-
Identify the main features of each type of legal system (common, civil, and theocratic).
-
What are intellectual property rights? What is the significance of such rights?
-
DETAILS 1. [-/1 Points) SMITHNM13 11.2.025. MY NOTES Convert the credit card rate to the APR. Oregon, 2% per month % Need Help? ReadIt Watch
-
Corom Stack Standard CALCULATOR PRINTER VERSION BACK NEXT Problem 13-02A a-c (Part Level Submission) Sheffield Corporation had the following stockholders' equity accounts on January 1, 2020: Common...
-
Suppose that you own 2,100 shares of Nocash Corp. and the company is about to pay a 25% stock dividend. The stock currently sells at $115 per share. a. What will be the number of shares that you hold...
Study smarter with the SolutionInn App