In 2018 the United States announced 25% tariffs on avocados imported from Mexico and that the higher
Question:
In 2018 the United States announced 25% tariffs on avocados imported from Mexico and that the higher price of avocados would be paid entirely by Mexico. Supporters of the tariff claimed that the increased price would be paid Mexico. Evaluate the validity of this claim.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
The claim that the increased price of avocados resulting from the 25 tariffs imposed by the United States on avocados imported from Mexico would be pa...View the full answer
Answered By
Lamya S
Highly creative, resourceful and dedicated High School Teacher with a good fluency in English (IELTS- 7.5 band scorer) and an excellent record of successful classroom presentations.
I have more than 2 years experience in tutoring students especially by using my note making strategies.
Especially adept at teaching methods of business functions and management through a positive, and flexible teaching style with the willingness to work beyond the call of duty.
Committed to ongoing professional development and spreading the knowledge within myself to the blooming ones to make them fly with a colorful wing of future.
I do always believe that more than being a teacher who teaches students subjects,...i rather want to be a teacher who wants to teach students how to love learning..
Subjects i handle :
Business studies
Management studies
Operations Management
Organisational Behaviour
Change Management
Research Methodology
Strategy Management
Economics
Human Resource Management
Performance Management
Training
International Business
Business Ethics
Business Communication
Things you can expect from me :
- A clear cut answer
- A detailed conceptual way of explanation
- Simplified answer form of complex topics
- Diagrams and examples filled answers
4.90+
46+ Reviews
54+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Before 1995, the United States imposed tariffs on goods imported from Mexico and Mexico imposed tariffs on goods imported from the United States. In 1995, Mexico joined NAFTA. U.S. tariffs on imports...
-
In 2018 the United States and China engaged in a trade war where each country was imposing trade tariffs on goods imported from the other country. The Trump administration announced in June of that...
-
DiLorenzo was an officer, director and shareholder of 100 shares of stock of Valve & Primer. M. Chris Dickson was the chief executive officer and majority shareholder of Valve & Primer. DiLorenzo was...
-
The adjusted trial balance for Ray Corporation at July 31, 2017, the corporation's fiscal year end, contained the following: Of the lease liability amount, $16,250 is due within the next year. Total...
-
What would be the net present value of a microwave oven that costs $159 and will save you $68 a year in time and food away from home? Assume an average return on your savings of 4 percent for five...
-
A number of situations have been listed below. For each one, identify the need, if any, to create an index. Justify your answer. If there is indeed a need, suggest a way for the index to be created....
-
Describe events. Provide an example.
-
What SQL command(s) would you use to add the date on which an employee was hired to the EMPLOYEE table represented in Figure? Name this new attribute Employment_ Date. Assume that the employees were...
-
What strategies does Lean Management employ to empower employees through skill development, cross-functional training, and collaborative problem-solving initiatives? Explain
-
According to data from the U.S. Census Bureau, since 2000, the value of U.S. imports of mens and boys shirts from China has more than tripled from a relatively small $244 million in 2000 to $753...
-
In the context of supply and demand under international trade, when will a country decide to export a particular good? Import a good? Who gains and loses under each decision?
-
Presented below is the condensed balance sheet for Express, Inc. as of December 31, 2011. Express has decided that it needs to purchase a new crane for its operations. The new crane costs $900,000...
-
Chs 18-25 A company allocates overhead using a standard overhead rate of $4.80 per direct labor hour and 2 direct labor hours per unit. For this period, the company planned production of 10,140 units...
-
Determine the amount that should be capitalized in the Mineral Resources asset account as a result of the lease agreement. On December 31, 2023, Novak Inc., a public company, borrowed $3 million at...
-
Prepare the monthly budget for 2025 for a company . The following estimates and information are available. Selling and Administration expenses are $ 1 2 ?per unit and $ 3 0 , 0 0 0 ?per month. There...
-
Santorum Co . has a capital structure that consists of 5 0 percent debt, 3 0 percent common stock, and 2 0 percent preferred stock. The company just reported net income to be $ 1 , 0 0 0 , 0 0 0 ....
-
D The Incomplete Table below shows the statistics of 3 Shares obtained from historical data of the companies and the market. The Expected return of the market, FM = 6% and the risk-free rate, rf is...
-
What is an option? Define calls and puts. What role, if any, do call and put options play in the fund-raising activities of the firm?
-
Suppose the spot and six-month forward rates on the Norwegian krone are Kr 5.78 and Kr 5.86, respectively. The annual risk-free rate in the United States is 3.8 percent, and the annual risk-free rate...
-
Many dairy farmers in California are adopting a new technology that allows them to produce their own electricity from methane gas captured from animal wastes. (One cow can produce up to 2 kilowatts a...
-
Voluntary environmental programs were extremely popular in the United States, Europe, and Japan in the 1990s. Part of their popularity stems from the fact that these programs do not require...
-
Voluntary environmental programs were extremely popular in the United States, Europe, and Japan in the 1990s. Part of their popularity stems from the fact that these programs do not require...
-
Derive the following results with appropriate references from Lamarsh: a). T=1/180 sec. b). Bit.085 sec.
-
Discuss some examples of the conflicts of interest that may arise between bondholders and stockholders when a firm is in financial distress.
-
How concentration of industry related to market power and how this relationship impact inequality?
Study smarter with the SolutionInn App