If tariffs are already in place as a trade policy, why might a country choose to apply
Question:
If tariffs are already in place as a trade policy, why might a country choose to apply nontariff barriers also as another way to control the amount of trade that they conduct with other countries?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
A country may choose to apply nontariff barriers NTBs in addition to tariffs as a trade policy for several reasons even if tariffs are already in plac...View the full answer
Answered By
Thallapelli Tejasri
Actually i just completed my graduation in electrical engineering and iam preparing for gate exam.. mean while i just want to share my knowledge to the other people and
0.00
0 Reviews
10+ Question Solved
Related Book For
International Economics Theory And Policy
ISBN: 9781292409719
12th Edition
Authors: Paul Krugman , Maurice Obstfeld, Marc Melitz
Question Posted:
Students also viewed these Business questions
-
Economics 600 words Question C2 a) Do you think that if the UK will introduce tariffs on imported goods from the EU, domestic prices in the UK will increase leading to high unemployment? Explain your...
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
write a abstract on this paper ? Introduction Governments require money to run their operations and pay civil servants who ensure that services to the population are delivered. The money that states...
-
An LNC can detect alterations in the record by Select one: a. Examining notes written in the margin b. Looking through late entries for detailed explanations c. Finding a doctor's explanation that is...
-
For 2017, Apple Corporation (a calendar year integrated oil company) had the following transactions: Taxable income..................................................................$3,600,000 Regular...
-
Felipe, a single taxpayer, is a technology consultant, who operates as a sole proprietorship. Felipes net business income is $600,000, he pays wages of $100,000 to his employees, and he has $200,000...
-
Five observations taken for two variables follow. a. Develop a scatter chart with x on the horizontal axis. b. What does the scatter chart developed in part a indicate about the relationship between...
-
On January 1, 2011, Jessica Marie Company sold equipment to Gwang Ju Company for 20,000,000 Korean won, with payment to be received in two years on January 1, 2013. The exchange rate on January 1,...
-
A1500 kg aircraft going35 m/s collides with a2000 kg aircraft that is parked and they stick together after the collision and are going 15 m/s after the collision. If they skid for 106.8 m before...
-
Which of the following are potentially valid arguments for tariffs or export subsidies, and which are not? Explain your answers. a. Dairy producers earning in Wales are at their lowest peak despite...
-
The nation of Cologne is large, but unable to affect world prices. It imports chocolate at the price of $20 per box. The demand curve is: D = 700 - 10P. The supply curve is S = 200 + 5P. Determine...
-
In problem use Theorem 7.1.1 to find [1]{f(t)}. f(t) = (2t - 1) 3 Theorem 7.1.1 1 (a) L{1} = - n! n = 1, 2, 3, ... =-- s - a (b) L{t"} (c) L{e"} k (d) L{sin kt} (e) L{cos kt} 5? + k? s? + k? k (f)...
-
Describe the evidence that was used by Watson and Crick to define the double helix structure of DNA. and Explain
-
How does rational choice theory elucidate individual decision-making processes within complex social contexts, and what are the underlying assumptions and mechanisms guiding rational actors in...
-
How do enzyme kinetics elucidate the dynamic interplay between substrate concentration, enzyme activity, and reaction rates, particularly within the context of complex biochemical pathways?
-
Simmel argued a century ago that the pace of life had quickened inexorably: the populace of the metropolis was constantly searching out new entertainments and distractions, but satisfaction was only...
-
Find A in the network shown below. 2023 202 www (+6V O 2A 202 352 6V 40 20 8V
-
The Help-U-Suceed Bookstore recently received a shipment of accounting textbooks from the publisher. Following the receipt of the shipment, the FASB issued a major new accounting standard that...
-
Complete the equations for the following equilibria and calculate Keq where the Keq expression includes [HO]. Be sure to enter Keq in proper scientific notation. (a) ammonia (acting as a base) reacts...
-
What would be the effect of each of the following on Uptown Banks excess reserves and loan-making ability if the bank had $600 million in deposits, a 5 percent reserve requirement, and actual...
-
The antitrust laws are designed to control the growth of monopoly power in specific markets. What are some economic reasons for concern over monopoly power? Are there any noneconomic reasons for...
-
What complications are created for businesses and the economy in general as a result of the administration of regulatory and antitrust policies in an increasingly global environment?
-
42L T 6. Given that V - Use partial derivative to approximate the K2 maximum percentage error in estimating V, if the error in estimating K, if the error in measuring L and V are 4% and 1%. [6 marks]...
-
Calculate the missing values and express the answers rounded to two decimal places. a. Cost Amount of Selling Markup Rate of Markup Rate of Markup Price on Cost on Selling Price $290.00 25.00% % b....
-
dx Problem 3.15. Suppose that h (x0) h2(x0) and dh1(x)
Study smarter with the SolutionInn App