Explain what an anti dumping tariff is. What argument might U.S. steelmakers use to get the government

Question:

Explain what an anti dumping tariff is. What argument might U.S. steelmakers use to get the government to raise the tariff on steel imports?

U.S. steelmakers seek antidumping action, steelmakers want the United States to put restrictions on imports from five nations, alleging unfair pricing of steel for the automobile and construction industries.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Foundations of Macroeconomics

ISBN: 978-0134492001

8th edition

Authors: Robin Bade, Michael Parkin

See More Books

Question Posted: May 21, 2018 08:21 AM

See More Questions

What argument might be used to encourage the government of Mexico to introduce a $2,000 tariff on car imports from the United States? Who will gain and who will lose as a result of Mexicos tariff?...
What is dumping? Who in the United States loses from Chinas dumping of steel? U.S. steelmakers seek anti dumping action, steelmakers want the United States to put restrictions on imports from five...
Use the information below to answer the following question U.S. Expands China Paper Anti-Dumping Tariff Responding to a case brought by the NewPage Corporation of Dayton, Ohio, the U.S. Commerce...
Which message does the following application print? A. Hello! B. Goodbye! C. See you again! D. It does not compile because of line g1. E. It does not compile because of line g2. F. None of the above....
Why do people justify their unethical behavior?
In Rustbucket, Michigan, there are 200 people who want to sell their used cars. Everybody knows that 100 of these cars are lemons and 100 of these cars are good. The problem is that nobody except the...
Which of the following distance measures is commonly applied to a frequency-document matrix and why? a. Jaccard distancebecause text is expressed as binary variables in a frequencydocument matrix. b....
The following amounts were reported for Cotton, Newton, and Miller Companies: Required: Compute the missing amounts Cotton Newton Miller Accounts Receivable, 1/1/20502,300 282,100 128,500 Accounts...
A 1.3 kg book is lying on a 0.75 m -high table. You pick it up and place it on a bookshelf 2.3 m above the floor. During this process, how much work does gravity do on the book? During this process,...
You and your spouse are in good health and have reasonably secure careers. You make about $35,000 annually and have opted for life insurance coverage of 3 times your salary through your employer....
The supply of roses in the United States is made up of U.S. grown roses and imported roses. Draw a graph to illustrate the U.S. rose market with free international trade. On your graph, mark the...
Explain who in the United States gains and who loses from restrictions on steel imports. How do you expect the prices of automobiles and office towers to be affected? U.S. steelmakers seek...
What is an observational study? What is a designed experiment? Which allows the researcher to claim causation between an explanatory variable and a response variable?
Which of these statements are correct A ) Cryptography can be generally divided into symmetric ( public - key ) and asymmetric ( private - key ) cryptography. B ) A linear feedback shift register (...
In order to double its resistance, by how much would you have to increase the temperature of a piece of the following? (a) copper (The temperature coefficient of resistance for copper is 3.9 x 10-3...
A certain resistor is made with a 50.2 m length of fine copper wire, 5.02 x 10-2 mm in diameter, wound onto a cylindrical form and having a fiber insulator separating the coils. Calculate the...
Millikan measured the electron's charge by observing tiny charged oil drops in an electric field. Each drop had a charge imbalance of only a few electrons. The strength of the electric field was...
Three positive charges are located in the x-y plane (see plot below), with Q1-4.10 C, Q2=7.20 C and Q3=8.30 C. Note that the charges are located at grid intersections, and that the x and y...
If water is added to 1 mole of sodium chloride in a flask until the volume of the solution is 1 L, what is the molarity of the solution? What is the molarity when water is added to 2 moles of sodium...
The rate at which the temperature of an object changes is proportional to the difference between its own temperature and the temperature of the surrounding medium. Express this rate as a function of...
Explain why in a perfectly competitive market, the firm is a price taker. Why cant the firm choose the price at which it sells its good?
A firm that is producing the quantity at which marginal cost exceeds both average total cost and the market price will increase its economic profit by _______. A. Producing a larger quantity B....
Read Eye on Record Stores and explain why Amazon entered the market for recorded music and why independent record stores exited.
4. The water in Earth's atmosphere blocks most of the infrared waves coming from space. In order to observe light of this wavelength, the Kuiper Airborne Observatory has been developed. The...
What amount of gain should Pharoah recognize on the exchange assuming lack of commercial substance?
If R1=7 Q, R2=3 Q, R3=9 Q, V= 12 V, and V2=8 V. Find the current (in A) that pass through R. R R R V V 2 +

Explain what an anti dumping tariff is. What argument might U.S. steelmakers use to get the government

Question:

Step by Step Answer:

Dumping is illegal under the rules of international trade so dumpin...View the full answer

Foundations of Macroeconomics

Students also viewed these Business questions