Separate standards refers to
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After the end of World War II,
After the end of World War II,
One argument for a country to protect a certain industry mig…
One argument for a country to protect a certain industry might be: this industry is new to the country, and cannot become competitive against foreign firms, unless it receives some form of temporary protection. This is an example of the…
Information for questions 8-10 A country assembles laptops m…
Information for questions 8-10 A country assembles laptops made up of parts imported from the rest of the world. This country imposes a tariff of 10% on imported laptops (that is, laptops already assembled). It also imposes a tariff of 20% on imported parts that are used to assemble laptops. The following table shows what the price of one assembled laptop, and of the parts needed for one laptop, would be under free trade. You can use the blank rows and column as an aide: as you solve these questions you may want to reproduce the table in your scratch paper, and fill in the blank cells as you go. For all questions, enter a whole or decimal number, as appropriate. For added values, enter the dollar amount (no $ sign). For the effective rate of protection enter a percentage (no % sign), not the corresponding decimal number. Make sure to enter the negative sign if the effective rate of protection is negative. For example, if the effective rate of protection is 15.6%, enter 15.6, not 0.156, and if it is -24.1%, enter -24.1, not -0.241, or 0.241, or 24.1. Enter 0 if the answer cannot be obtained with the information given. Only exact answer is accepted, so double and triple check your calculations. Free trade (no tariff) 10% tariff on one laptop 20% tariff on parts Price of one (assembled) laptop 1500 Price of parts for one laptop 1000 Value added Effective rate of protection Calculate the value added of the assembling firms in this country, per laptop, if the country were in free trade.
Information for questions 1-5 The graph below shows the supp…
Information for questions 1-5 The graph below shows the supply and demand for coffee in a certain country. The world price of coffee is $1.00 per pound. This is a small country, therefore whatever it does will not affect this world price. The government of this country charges a tariff of $0.80 per pound of imported coffee. Except where noted, all questions refer to the country’s situation after the tariff has been levied by the government. For all questions, enter a whole or decimal number, as appropriate. Enter 0 if the answer cannot be obtained from the information given. Only the exact answer is accepted, so double and triple check your calculations. Calculate the consumer surplus of coffee consumption.
Information for questions 1-5 The graph below shows the supp…
Information for questions 1-5 The graph below shows the supply and demand for coffee in a certain country. The world price of coffee is $1.00 per pound. This is a small country, therefore whatever it does will not affect this world price. The government of this country charges a tariff of $0.80 per pound of imported coffee. Except where noted, all questions refer to the country’s situation after the tariff has been levied by the government. For all questions, enter a whole or decimal number, as appropriate. Enter 0 if the answer cannot be obtained from the information given. Only the exact answer is accepted, so double and triple check your calculations. How many pounds of coffee does this country export or import? Enter a positive number if the country exports coffee, and a negative number if it imports coffee. (For example, if you think the country exports 50 pounds, enter 50, if you think it imports 10 pounds enter -10.)
All of the following are reasons for countries NOT to use tr…
All of the following are reasons for countries NOT to use trade barriers in order to enforce labor standards in other countries EXCEPT which one?
Using the heating curve below, what interval represents when…
Using the heating curve below, what interval represents when the substance is a liquid?
This reaction is exothermic.
This reaction is exothermic.
L-Alanine has two different Pka values, 2.4 and 9.6 respecti…
L-Alanine has two different Pka values, 2.4 and 9.6 respectively. What would be the structure of L-Alanine at pH=10?