What are the economic justifications that economists have, Ask an Expert

Economics

What are the economic justifications that economists have enumerated for quotas, restrictions and taxes on international trade? What are some of the economic implications of a society imposing a tax on imported goods? Does it matter if the goods are consumer goods or inputs to the production process needed by domestic manufacturers? Is a tax better than a quota?

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M91869892

Have any Question?Write your Review or question?

Related Questions in Business Economics

Suppose oregon proposes indexing the minimum wage to

Suppose Oregon proposes indexing the minimum wage to inflation. Describe the substitution and scale effects you anticipate with this policy? (In your response, assume that the minimum wage is an effective price floor and ...

I a survey of 400 adults that say traffic is a problem

In a survey of 400 adults that say traffic is a problem: East reported 36% is a problem, South 33% problem, Midwest 26% problem and West 55% problem. (a) The 95% confidence interval for the proportion from the West say t ...

Four balls are independently projected onto one target the

Four balls are independently projected onto one target, the probability of a hit for each is P1 = 0.1 , P2 = 0.2 , P3 = 0.3 , P4 = 0.4. What are the probabilities P04, P14, P24, P34, P44 that zero, one (1), two (2), thre ...

A student raises her hand in class and states i can legally

A student raises her hand in class and states, "I can legally copy any DVD I get from Netflix because Netflix purchased the DVD and the copyright only applies to the company who purchased the product." Explain whether th ...

Identify a recent mergeracquisition that does not include

Identify a recent merger/acquisition that does not include Amazon and use it to and explain: was the merger/acquisition predominately about gaining economies of scale or economies scope?

Can you provide the answer and explain whythe price

Can you provide the answer and explain why? The price elasticity of demand for a good will be greater the less available are suitable substitutes for this good the longer the time period considered for a group of related ...

A if the required reserve ratio is 250 percent what is the

a. If the required reserve ratio is 2.50 percent, what is the monetary multiplier b. If the monetary multiplier is 5, what is the required reserve ratio?

The table to the right shows the results of a survey in

The table to the right shows the results of a survey in which 2585 adults from Country A, 1116 adults from Country B, and 1064 adults from Country C were asked if human activity contributes to global warming. Complete pa ...

For assumption of regression the four assumption linearity

For assumption of regression, the four assumption, linearity, independence, no multicollinearity, equal Variance, which one cannot be detected by any means?

Suppose there is no inflation and an insurance company

Suppose there is no inflation and an insurance company offers a contract that would pay $500,000 with certainty 50 years from now. What is the most that this contract would be worth today if: 1. The rate of interest is 7 ...

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 Business Economics Expert