The potentially valid arguments for tariff protectionmilitary self-sufficiency, infant industry protection, and diversification for stabilityare also the
Question:
The potentially valid arguments for tariff protection—military self-sufficiency, infant industry protection, and diversification for stability—are also the most easily abused. Why are these arguments susceptible to abuse?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 78% (14 reviews)
Each of these valid arguments is often misapplied Dumping cases by foreign firms in the United State...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Microeconomics Principles, Problems and Policies
ISBN: 978-1259450242
20th edition
Authors: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn
Question Posted:
Students also viewed these Business questions
-
The potentially valid arguments for tariff protection are also the most easily abused. What are those arguments? Why are they susceptible to abuse? Evaluate the use of artificial trade barriers, such...
-
Which of the following are potentially valid arguments for tariffs or export subsidies, and which are not? Explain your answers. a. The more oil the United States imports, the higher the price of oil...
-
Why is it necessary to use a market failure to justify the use of infant industry protection?
-
Brian Caldwell and Adriana Estrada have operated a successful firm for many years, sharing net income and net losses equally. Kris Mays is to be admitted to the partnership on September 1 of the...
-
Keys 1, 2, . . . , 2k 1 are inserted in order into an initially empty AVL tree. Prove that the resulting tree is perfectly balanced.
-
Select a company. How would you advise it to find an alliance partner to gain distribution into China? What advice would you give regarding the management of that alliance?
-
For each of the following notes receivable, compute the amount of interest revenue earned during 2010. Use a 360-day year, and round to the nearest dollar. Note 1 Note 2 Note 3 Note Principal...
-
Show a separate graph of the constraint lines and the solutions that satisfy each of the following constraints: a. A 0.25 (A + B) b. B 0.10 (A + B) c. A 0.50 (A + B)
-
Given triangle ABC with angle B= 85 degree, angle C = 47 degrees and a = 19 inches, what is the length of b
-
1. Summarize the process Mariam Yeseyan used in approaching women about loan opportunities through Aregak. 2. Compare opportunities for funding for women entrepreneurs through the commercial banking...
-
Evaluate the effectiveness of artificial trade barriers, such as tariffs and import quotas, as a way to achieve and maintain full employment throughout the U.S. economy. How might such policies...
-
Why is a quota more detrimental to an economy than a tariff that results in the same level of imports as the quota? What is the net outcome of either tariffs or quota for the world economy?
-
Suppose that the weekly sales volume (in thousands of units) for a product is given by y = 32 / (p + 8)2/5 where p is the price in dollars per unit. Is this function continuous? (a) For all values of...
-
Credit card fraud is considered almost incidental to the potentially more damaging and costly problem of identity theft. Check the Internet for recent statistics on the number of consumers affected,...
-
Visit a personal finance Web site and read about mutual funds. What are the current trends with mutual funds?
-
List the five most common examples of a defined-contribution pian. For each, cite a unique advantage or disadvantage for the employee.
-
What is "churning"? Why is this of concern to individual investors? What is a discretionary account? Who can make buy and sell decisions in such an account? Why might churning be of greater concern...
-
Some students are strongly opposed to having a credit card. Sometimes this opposition is based on family values and sometimes on fear. Other students argue that in today's world it is almost...
-
Condensed financial data of Sinjh SA follow. Additional information: 1. New equipment costing 80,000 was purchased for cash during the year. 2. Old equipment having an original cost of 57,500 and...
-
The following selected accounts and normal balances existed at year-end. Notice that expenses exceed revenue in this period. Make the four journal entries required to close the books: Accounts...
-
You need to travel from Minneapolis to Copenhagen; its now Tuesday morning. You know you need to arrive in Copenhagen no later than 4 pm on Wednesday. Using backward induction in Table 9P-1, choose...
-
Which of the following are examples of tit-for-tat strategies? a. A friend forgets to send you a birthday card this year, so you decide not to send one to her on her next birthday. b. Your friend let...
-
Two firms each have the option of polluting during production or cleaning up their production process such that they don't pollute. Of course, polluting is cheaper than not polluting. The payoffs for...
-
The following data is provided for Garcon Company and Pepper Company. Garcon Company Beginning finished goods inventory Beginning work in process inventory $ 12,900 Pepper Company $ 19,450 14,700...
-
A firm is considering an investment project that requires an initial outlay of $10,000,000. The project is expected to provide net cash flows of $6,500,000 in year 1, $3,000,000 in year 2, $3,000,000...
-
Antiquated Pty Ltd is a manufacturing firms which has been in operation for past five years. Although the firm has experienced a highly profitable operation in the past, the current Covid-19 pandemic...
Study smarter with the SolutionInn App