International Economics‚ 9e (Krugman et al.) Chapter 9 The Instruments of Trade Policy 9.1 Basic Tariff Analysis 1) Specific tariffs are A) import taxes stated in specific legal statutes. B) import taxes calculated as a fixed charge for each unit of imported goods. C) import taxes calculated as a fraction of the value of the imported goods. D) the same as import quotas. E) import taxes calculated based solely on the origin country. Answer: B Page Ref: 192-198 Difficulty: Easy
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International Trade and Finance The United States imports goods and services‚ as well as exports goods and services in the global economy. International trade affects the United States’ Gross Domestic Product (GDP) and domestic markets. The government can affect international trade by imposing tariffs and quotas on imports. Foreign exchange rates affect how much is brought and sold abroad. International trade is beneficial to the United States‚ but sometimes it can be seen as unfair competition
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africa acros the atlantic to the america and include facts. Atlantic slave trade Reproduction of a handbill advertising a slave auction inCharleston‚ South Carolina‚ in 1769. Slavery The Atlantic slave trade or transatlantic slave trade took place across theAtlantic Ocean from the 16th through to the 19th centuries. The vast majority of those enslaved that were transported to the New World‚ many on the triangular trade route and its Middle Passage‚ were West Africans from the central and western
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Poverty is defined as the state of being without‚ often associated with need‚ hardship and lack of resources across a wide range of circumstances. Some of the main uses of the term include description of material need‚ including deprivation of essential goods and services‚ and multiple deprivations. Another main uses of the term includes economic circumstances describing a lack of wealth or inequality‚ social relationships including social exclusion‚ dependency‚ and the ability to live what is understood
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Adolf Hitler‚ in my opinion‚ wouldn’t have risen to power if not for Germany’s unfortunate situation at the time (1919-1923). He was‚ as some people say‚ a "fiery speaker"‚ but his speeches clearly reflected certain madness in him. Hitler’s rise to power was influenced mostly by Germany’s Economic crash‚ the stain on their reputation and of course‚ his aggressive‚ yet convincing speeches and various deeds he used to gain popularitry. Hitler and his National Socialist workers Party had a plan of
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1. Future job Most small business start with a great idea – it may be a revolutionary product‚ a service that meets a currently unmet need‚ or a small twist on an existing business that opens up a whole new market. There are businesses being founded every day on ideas that have the potential to change the world. But then again‚ most small businesses also fail. In truth‚ ideas are not all that valuable. There are ideas everywhere – practically lying all over the sidewalk. How many times have you
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The Advantages of being multilingual The world we live in is rapidly growing into an enormous melting pot and most of us are very aware of the fact that the ability to speak a foreign language has never been as vital as it has been in the 21st century. Learning a new language offers many new career opportunities as well as other advantages which are often ignored. Among the less obvious benefits is the change in perspective one will gain from seeing the world through different eyes. Every language
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Very simply‚ the term competitive advantage means the positioning a firm takes in relation to other firms in its industry. According to Michael Porter‚ there are three different way to sustain a competitive advantage. These three different strategies are cost leadership‚ differentiation‚ and focus. The term cost leadership describes when a firm provides the same or similar services or products as other firms but does so at a lower price. The term differentiation means a firm offers a superior
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economical challenging times. So‚ Is free trade a way forward for that durable economic solution for the pacific nations and in particular our country Solomon Islands? It has known that the pacific island trade ministers are gearing up for what some termed it as a big year for trade negotiations in the pacific region. This year 2009 we’ll see our nation Solomon Islands will be among other pacific island countries to negotiate some major development in trade agreements in the pacific region. In
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Advantages and disadvantages of Factory There are advantages and disadvantages of having a factory near or within the urbanize city. The important thing is you have to weigh the advantages and disadvantages of having such factory in the city or a place where there are lot of people live. Having a factory near the place is good for the people around because it generates job for the people. Aside from that they don ’t need to commute and spend a sum of money for the transportation. Indeed a lot
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