How does protectionism affect the price of the protected good in the domestic market?
Question:
How does protectionism affect the price of the protected good in the domestic market?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 25% (4 reviews)
Protectionism which involves the imposition of tariffs quotas or other trade barriers to restrict imports and protect domestic industries can affect t...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Multiple Choice Questions: 1. Assume that the opportunity cost of producing a pair of pants in the United States is 2 pounds of rice, while in China, it is 5 pounds of rice. As a result, a. The...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
-
You are given the following information about two stocks: (a) Calculate the mean and standard deviation for each stock. (b) Compare the mean, standard deviation, and coefficient of variation of each...
-
For the standard normal random variable z, find z for each situation. a. The area to the left of z is 0.9750. b. The area between 0 and z is 0.4750. c. The area to the left of z is 0.7291. d. The...
-
Identify the role of change agents in organizations.
-
Predict the correct one out of the following: (a) The boiling point of a refrigerant should be appreciably lower than the temperature levels at which the refrigerator works (b) The freezing point of...
-
The unadjusted trial balance of Voice Link at November 30, 2016, follows: Additional information at November 30, 2016: a. Accrued service revenue, $600. b. Depreciation, $300. c. Accrued salaries...
-
The standards for product G78V specify 5.0 direct labor-hours per unit at $13.00 per direct labor-hour. Last month 1,690 units of product G78V were produced using 8,480 direct labor- hours at a total...
-
Does international trade, taken as a whole, increase the total number of jobs, decrease the total number of jobs, or leave the total number of jobs about the same?
-
Name and define three policy tools for enacting protectionism.
-
Fill in each blank so that the resulting statement is true. Any set of ordered pairs is called a/an______ . The set of all first components of the ordered pairs is called the______ . The set of all...
-
Think of a major improvement you would like to make to a workplace or organization to which you belong. (If you are working on a longer proposal or recommendation report for class, you can use that...
-
The moon's orbit is elliptical, with the earth at one focus. The point at which the moon is farthest from the earth is called the apogee, and the point at which it is closest is called the perigee....
-
In his article "Is This Ethical?," Sam Dragga (1996, 257) poses a scenario in which a technical communicator reporting a company's sales figures to investors designs a line graph in reverse...
-
How does viewing writing as a technology help us conceptualize what we do as technical communicators?
-
Choose any text/document and its accompanying text cloud to examine as a class. Identify and discuss the cloud's weaknesses and gaps. What is missing? Why? How could these weaknesses be corrected?...
-
Sye Chase started and operated a small family architectural firm in 2016. The firm was affected by two events: (1) Chase provided $25,000 of services on account, and (2) he purchased $2,800 of...
-
One Way Cellular accountants have assembled the following data for the year ended September 30, 2014: Prepare the operating activities section using the indirect method for One Way Cellulars...
-
Match each of the following with its appropriate term: A. Performance measures B. Profit center C. Responsibility accounting D. Revenue center E. Strategic plan F. Uncontrollable factors i. The...
-
Consolidated Aluminum is considering the purchase of a new machine that will cost $308,000 and provide the following cash flows over the next five years: $88,000, 92,000, $91,000, $72,000, and...
-
Match each of the following with its appropriate term. A. Controllable factors B. Cost center C. Metric D. Goal congruence E. Investment center F. Performance measurement system i. This is the part...
-
Reflecting on your past experience with an employer...Did this employer have a formal compensation method? If yes, was it effective? If no, what could the employer have done differently? Your initial...
-
The Lord abhors dishonest scales, but accurate weights are his delight. ) Do you see a man skilled in his work? He will serve before kings; he will not serve before obscure men. Luke 14:28-30 (NIV)...
-
imagine accountants as American cowboys of the Wild, Wild West in the 1800s? I can. And they can be dangerous. Yeehaw! Yippee-i-o-i-a!" (Cokins, 2013). This short article compares managerial...
Study smarter with the SolutionInn App