subject
Business, 24.09.2020 01:01 dee0828

This problem concerns the effective rate of protection. With free trade, each dollar of value added in the domestic cloth-making industry is divided as follows: 40 cents value added, 30 cents for cotton yarn, and 30 cents for other fibers. Suppose that a 25 percent ad valorem tariff is placed on cloth imports and a l/6 tariff (16.7 percent) goes on cotton yarn imports. (There is no tariff on imports of other fibers.) Work out the division of the tariff-ridden unit value of $1.25 (the free-trade unit cloth value of $1 plus the cloth tariff) into value added, payments for cotton, and payments for other fibers. Then calculate the effective rate of protection.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 07:00
Need true or false 1 2 3 4 5 6 7 8
Answers: 1
question
Business, 22.06.2019 11:00
You are attending college in the fall and you need to purchase a computer. you must finance the purchase because your parents will not purchase it for you, and you do not have the cash on hand to purchase it. in blank #1 determine which type of credit would you use to finance your purchase (installment, non-installment, or revolving credit). (2 points) in blank #2 defend your credit choice by explaining why your financing option is the best option for you. (2 points) in blank #3 explain why you selected that credit option over the other two options available. (2 points)
Answers: 3
question
Business, 22.06.2019 13:50
Classify each of the following items as a public good, a private good, a natural monopoly good, or a common resource.(a) measles vaccinations (b) tuna in the pacific ocean (c) airline service in the united states (d) local storm-water system
Answers: 1
question
Business, 22.06.2019 18:00
Which of the following is a characteristic that can be used to guide the design of service systems? a. services cannot be inventoried. b. services are all similar. c. quality work means quality service. d. services businesses are inherently entrepreneurial. e. even service businesses have internal services.
Answers: 2
You know the right answer?
This problem concerns the effective rate of protection. With free trade, each dollar of value added...
Questions
question
Mathematics, 20.09.2020 04:01
question
Mathematics, 20.09.2020 04:01
Questions on the website: 13722367