Assume the United States and Japan are unable to resolve a trade war over trade in automobiles
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Assume the United States and Japan are unable to resolve a trade war over trade in automobiles and auto parts. Acting unilaterally, the United States imposes punishingly high tariffs of 100 percent on Japanese cars. What are the real economic impacts and long-term effects of trade sanctions? Immediate costs might be borne by the Japanese manufacturers, U.S. dealerships, or consumers, but what does such a measure do to the long-term health and competitiveness of the U.S. car industry? Could you see any impact on the United States lead in innovation, design, and quality? Discuss.
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Related Book For
International Business Law and Its Environment
ISBN: 978-1285427041
9th edition
Authors: Richard Schaffer, Filiberto Agusti, Lucien J. Dhooge
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