Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

You work for a global marketing consulting firm. Concerned about the United States' negative balance of trade, a trade deficit, you are being asked to assist several clients in their lobbying efforts to increase the United States' exports to other countries and decrease imports. Knowing that imposing or removing tariffs and/or quotas can affect the balance of trade, you decide to focus on these protectionism strategies. What would you do in the following cases?

1. The United States wants to limit imports of European shoes by increasing the price of those shoes in the States. You advise your clients to ask the United States to

a) remove a quota. b)impose a tariff. c)remove a tariff.d) impose a quota.

2. U.S. beer manufacturers want to increase exports of beer to Canada by lowering the price of U.S. beer in Canada. For this to happen, you advise your clients to ask the United States to approach Canada about

a) imposing a tariff.b) removing an export quota. c)removing a tariff.d) imposing an import quota.

3. The United States wants to gain a larger share of the Japanese rice market by lowering U.S. rice prices in Japan. For this to happen, you advise your clients to ask the United States to approach Japan about

a) imposing a quota. b)removing a tariff. c)imposing a tariff. d)removing a quota.

4. The United States wants to protect its domestic sugar producers by limiting the supply of foreign sugar. Therefore, you advise your clients that they should suggest to the United States to

a) remove a quota. b)impose a tariff.c) impose a quota. d)remove a tariff.

5. If the United States wanted to increase the supply of U.S. corn, cotton and wheat in China, you would advise your clients to ask the United States to approach China about

a) removing a tariff. b)imposing a tariff. c)removing a quota. d)imposing a quota.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92236402

Have any Question?


Related Questions in Operation Management

Extra credit the target in clifton knows that teresa

Extra Credit: The Target in Clifton knows that Teresa Guidice is a frequent shopper. The manager of the store has approached her in the past about potentially doing a PR/promotional event for the store but Teresa has wan ...

What do you think are the possible major tensions that

What do you think are the possible major tensions that exist when a pharmaceutical firm forms an alliance with a biotechnology firm? How would you try to address those tensions? Identify different challenges that exist f ...

1 the disintermediation paradigm involves the a reduction

1. The disintermediation paradigm involves the: A. reduction of conflict in the channel. B. mediation of goal conflict by multiple levels of channel members. C. separation of the horizontal distribution of competing enti ...

Create 2 charts with 2 different walmart key performance

Create 2 charts with 2 different Walmart Key Performance Indicators using their most recent information. • The KPI you choose should be representative of the most important strategic goals of the company. Obtain the data ...

Donald trump made big news last year by promising to give

Donald Trump made big news last year by promising to give your local college $20,000,000 to build a new stadium, provided that they named it Trump Stadium. In reliance on that promise, the college started a capital campa ...

Southwest airline as flying becomes a commodity and as

Southwest airline: As flying becomes a commodity and as airlines strive to offer the lowest fares possible, Southwest is finding it increasingly hard to distinguish itself from its competition. A proposal has been made t ...

The partners at sterling cooper marketing firm have seen an

The partners at Sterling Cooper Marketing Firm have seen an increase in company growth over recent months. While tied up in many ongoing projects, Roger Sterling has recently had to create a team to work on a major proje ...

Part iii riskhrmarketingfuture goalsfor part iii you are

Part III: Risk/HR/Marketing/Future Goals For Part III, you are to provide a continuous Table of Contents using the headings below. Discuss each area this week as part of your Physician Practice Business Plan: USE THESE H ...

1 under variable costing which of the following is not

1. Under variable costing, which of the following is not considered a product cost? Direct materials Direct labor Fixed manufacturing overhead Variable manufacturing overhead 2. Under absorption costing, which of the fol ...

Bob hanson emphasizes that sending mbsc employees to

Bob Hanson emphasizes that sending MBSC employees to seminars on a regular basis is highly motivating. It’s possible that for some employees, having to attend seminars is a burden. However, for an employee like Marco, wh ...

  • 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

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As