Do note that no US tariffs are allowed on US exports as per the US constitution. Any example of a country doing it, and why?
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Do note that no US tariffs are allowed on US exports as per the US constitution. Any example of a country doing it, and why?
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Just clarify "tariffs on a variety of American exports..." to identify who is imposing these tariffs, i.e., the US government or foreign governments?
- Discuss why countries sometimes trade goods with one another. Think about the advantages and disadvantages of trade. As the video notes if one country can produce goods better than another country why would it still trade with that country? hOW CAN TARIFFS IMPACT TRADE? Why do some countries decide to protect certain goods and products and encourage domestic production of those items rather than see them being traded for even if another country can produce the item more efficiently. If you were in charge of your home country what products and industries would you put tariffs on to protect domestic industries and supplies from international trade partners.Tariffs reallocate income from consumers to producers and the government”. Do you agree or disagree with this statement? Please explain.Explain the steps and procedure to follow for a good export plan for a good product or service from your country of origin to other country.
- please quickly i just need answer true or false Assume the following merchandise trade transaction by American with foreign companies: Japanese carmakers export 1 million cars at $20,000 each, landed value in the United States to U.S. car dealers, US current account will increase by at $20,000 for each landed car.Food scares and shocks are becoming increasingly common across the globe. Research a food scandal in your own country. What impact did it have on demand? What was the government reaction? Did the suppliers suffer?Explain North American Free Trade Agreement (NAFTA)?
- The following is not an effective tool in government's intervention in international trade: Tariff Quota CIF SubsidyHow do you think tariffs affect trade levels? What are the advantages and disadvantages of tariffs? A tariff is a charge placed on an imported good with the goals of reducing the amount of foreign imports, protecting domestic employment, thwarting competition amongst domestic industries, and raising government revenue. "The imposition of tariffs has long intended to aid American industry extending back for more than 300 years, with mixed results." It is challenging to foresee precisely how a protective tariff will affect trade flows and price levels. It is important to keep in mind that tariffs could affect other industries. U.S. tariffs on tires caused multilateral trade volumes to change and domestic producer price volatility to rise. On the other hand, tariffs on a variety of American exports showed how American producers' capacity to maintain their competitiveness and access to domestic markets could be impacted.…explain what is wrong with the following statement: "trade is self-eliminating. Opening up trade opportunities drives prices and costs into equality between countries. But once prices and costs are equalized, there is no longer any reason to trade the product from one country to another, and trade stops