Question

Which type of trade barrier is most advantageous from the government's perspective? give me comments to...

  1. Which type of trade barrier is most advantageous from the government's perspective? give me comments to respond to this

Homework Answers

Answer #1

The most trade barrier from the perspective of government is -

  • Tariff - These are imposed by the government on the product and services which are imported. When tariffs are imposed it raised the price of product due to which it is available at an expensive rate to the local consumers which helps the government to protect the local industries which are not able to competete with foreign products
  • Quotas - These are restrictions which are imposed by the government on limiting the quantity or value of specific goods or services which are imported over the time. The idea is to just limit the quantity of such products in order to reduce its demand and raise the domestic industries infront of them
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Which of the following statement is INCORRECT about international trade? Any trade barrier such as tariff...
Which of the following statement is INCORRECT about international trade? Any trade barrier such as tariff or quota decreases the welfare of import country. The key gain from trade is that both countries can consume outside their PPF. When a country’s currency depreciates, the country’s exports will increase in the short run. When a developing country trades with a developed country, the former always benefits but the later may or may not benefit. 2. Which of the following explains the...
What is counter trade and which party benefits most from this activity?
What is counter trade and which party benefits most from this activity?
Companies possess limited budgets to fund employee benefits. From an employee's perspective, which employee benefits practices...
Companies possess limited budgets to fund employee benefits. From an employee's perspective, which employee benefits practices should be funded? Which are easily dispensable? Now respond to the same questions from an employer's perspective. Explain your answers
Can you tell me which of the two Medicaid or Medicare is the most effective from...
Can you tell me which of the two Medicaid or Medicare is the most effective from a healthcare delivery standpoint?
Cooperative Strategy" Please respond to the following: • From an ethical perspective, determine how much information...
Cooperative Strategy" Please respond to the following: • From an ethical perspective, determine how much information a firm is obliged to tell a potential strategic alliance partner about what it expects to learn from the cooperative arrangement. Explain your rationale. e-Activity :Use the Internet to research two U.S.-based companies you believe would mutually benefit from working together in some way. Be prepared to discuss • From the e-Activity, determine which type of cooperative strategy would most benefit the two companies...
Accounting Discussion From your perspective which of the 3 statement of cash flows categories is of...
Accounting Discussion From your perspective which of the 3 statement of cash flows categories is of most significance? Explain why.
What is the best practices in Foreign Direct Investment? From your perspective; which one is the...
What is the best practices in Foreign Direct Investment? From your perspective; which one is the most important to the developing economies? Why?
in secondary lymphoid organs which type of mature B crll is MOST likely to respond to...
in secondary lymphoid organs which type of mature B crll is MOST likely to respond to a protein antigen? 1)B-2 B cells 2) MZ B cells 3) B-1 B cells 4) 1 and 2 5) 1,2,3
Discuss and describe the five stages of personality development from Freud’s perspective. With which stage do...
Discuss and describe the five stages of personality development from Freud’s perspective. With which stage do you agree with most? With which do you agree with least? Be sure to substantiate and support your response.
Develop a brief essay of which of which type of regulation may be best from an...
Develop a brief essay of which of which type of regulation may be best from an efficiency perspective( i.e., meet the goal at the least cost) for a point-source, regional pollutant, and a non-point source, global pollutant.
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT