Problem1 what factors influence the size of the revenue, Ask an Expert

Economics

Problem

1. What factors influence the size of the revenue, protective, consumption, and redistributive effects of a tariff?

2. A nation that imposes tariffs on imported goods may find its welfare improving should the tariff result in a favorable shift in the terms of trade. Explain.

3. Which of the arguments for tariffs do you feel are most relevant in today's world?

View complete question

Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M92738680

Have any Question?Write your Review or question?

Related Questions in Microeconomics

Question what is the time value of money and how can

Question: What is the time value of money and how can compound interest be used to calculate the present value of any future amount of money? How is the word "risk" used in financial economics and what is the difference ...

Question 1 what potential problems and benefits likely

Question: 1. What potential problems and benefits likely with early or flexible retirement programs? provide specific example 2. Should either unions or management be concerned with the apparently small effect of higher ...

Question suppose the current equilibrium price of a

Question: Suppose the current equilibrium price of a quarter-pound hamburger is $5, and 10 million quarter-pound hamburgers are sold per month. After the federal government imposes a tax of $0.50 per hamburger, the equil ...

Question we can think of return on an investment as a good

Question: We can think of return on an investment as a "good" and risk as a "bad." Now assume that A and B are both goods, that is, more of A is preferable to less of it, and likewise for B. What do indifference curves b ...

Question virtually all purchases of consumer nondurable

Question: Virtually all purchases of consumer nondurable goods do not involve extended credit terms. Yet that component of GDP exhibits a very marked cyclical pattern, always turning down during recessions. Can these dec ...

Question 1 what is the difference between the concepts of

Question: 1. What is the difference between the concepts of correlation and of causation? 2. What is the difference between a theory and a hypothesis? 3. What is a variable? 4. Explain the omitted variable problem, using ...

Question suppose that an unexpectedly rapid growth in real

Question: Suppose that an unexpectedly rapid growth in real income abroad leads to a sharp increase in demand for U.S. exports. What impact will this change have on the price level, output, and employment in the short ru ...

Qestion consider the two-sector endogenous growth model y

Question: Consider the two-sector endogenous growth model Y = F[K, (1-u)LE] Output per effective worker is y = f(k, 1-u) a. What is the steady-state growth rate of output per worker Y/L? How do the savings rate s and the ...

Question is pork-barrel spending always a bad thing can you

Question: Is pork-barrel spending always a bad thing? Can you think of some examples of pork-barrel projects, perhaps from your own district, that have had positive results? The response must be typed, single spaced, mus ...

Question economic homework please help1 identify and

Question: Economic homework, please help 1. Identify and explain the positive attributes and negative consequences of Neoliberalism for women in developing countries (a.k.a. Third World countries or the Global South). (A ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Microeconomics Expert