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Econ 335 Cal state Fullerton Identify which type of nontariff trade barrier is used in each scenario in the following table. Scenario Export Quota Selective

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Econ 335

Cal state Fullerton

Identify which type of nontariff trade barrier is used in each scenario in the following table.

ScenarioExport QuotaSelective QuotaTariff-Rate QuotaGlobal QuotaExport SubsidyDomestic Production SubsidyDomestic Content Requirement
The European Union and Mexico agree that the European Union produces 63% of its iDevices in Mexico and is allowed to export iDevices to Mexico tariff-free.
The U.S. producers of oil, an import-competing good, receive $100 million from the U.S. government for their production of 200,000 barrels of oil.
The European Union permits 634,000 tons of beef to be imported each year.
The United States charges a tariff of 4.4 per kilogram for the first 634,621 tons of beef and a tariff of 6 per kilogram of beef in excess of that threshold.
The U.S. government makes a payment to domestic farmers of $1 on each bushel of peaches that is exported.
Mexico voluntarily reduces textile exports to Ireland.
The European Union permits 634,000 tons of beef to be imported each year300,000 tons must come from Ireland, and 334 tons must come from Mexico.

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Homework 4 (Ch 05) Identify which type of nontariff trade barrier is used in each scenario in the following table. Tariff- Export Selective Domestic Rate Domestic Scenario Global Export Quota Production Quota Quota Content Quota Subsidy Subsidy Requirement The European Union and Mexico agree that the European Union produces 63% of its iDevices in Mexico and is allowed O O O O O O to export iDevices to Mexico tariff-free. The U.S. producers of oil, an import- competing good, receive $100 million O from the U.S. government for their O O O O O O production of 200,000 barrels of oil. The European Union permits 634,000 O O O O O O O tons of beef to be imported each year. The United States charges a tariff of 4.4c per kilogram for the first 634,621 tons of beef and a tariff of 64 per O O O O O O kilogram of beef in excess of that threshold. The U.S. government makes a payment to domestic farmers of $1 on each O O O O O O O bushel of peaches that is exported. Mexico voluntarily reduces textile O O O O O O O exports to Ireland. The European Union permits 634,000 tons of beef to be imported each year- O O O O O O O 300,000 tons must come from Ireland, and 334 tons must come from Mexico

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