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zavuch27 [327]
3 years ago
11

3. The effective rate of protection is a weighted average of nominal tariffs and tariffs on imported inputs. It has been noted t

hat in most industrialized countries, the nominal tariffs on raw materials or intermediate components or products are lower than on final-stage products meant for final markets. Why would countries design their tariff structures in this manner? Who tends to be helped, and who is harmed by this cascading tariff structure?
Business
1 answer:
Naddik [55]3 years ago
4 0

Answer:

Industrialized countries place lesser tariff on raw or intermediate components because they want it to e more affordable to indigenous manufacturers who will use them to produce affordable finished products.

They  charge higher tariff on final products meant fro final markets because this will increase the prices of imported goods.

when this is done, the following are domestic producers are helped.

Because of this, domestic producers are not forced to reduce their prices from increased competition, and domestic consumers are left paying higher prices as a result.

Therefore, It is the consumers that are harmed because higher tariff increases the price per item.

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In the labor market, what causes a movement along the demand curve? What causes a shift in the demand curve?
sladkih [1.3K]

Answer and Explanation:

Movement along the demand curve in the labor market occurs when there is any change in wages of labor. An increase in wage rate will lead to decrease in quantity of labor demanded. As a result, demand curve will move upwards and vice versa.

Reasons other that increase or decrease in price such as demand for the respective product, will lead to shift in demand curve. For example, an increase in the demand for a particular good will increase the demand for labor that will produce the product. An increase in demand for labor in this case will shift the demand curve rightwards and vice versa.

4 0
3 years ago
Lachlan Stuart is employed by International Paper, a company that values his vision and creativity. To stay ahead in a very comp
Sveta_85 [38]

Answer: c) intrapreneur

Explanation:

Intrapreneur is the person who who belongs to a large firm and acts in the manner of entrepreneur to make innovative development ideas for any project .They help in promotion of production and innovation along with taking measures for functioning in organization.

According to the question,Lachlan Stuart is an intrapreneur who is an employee in a company .He is responsible for methods and ideas development to be ahead of other competing firms.

Other options are incorrect because in-sourced entrepreneur, corporate entrepreneur and multipreneur are not the way in which a person acts like an entrepreneur even through he/she is working for a firm.Thus, the correct option is option(c).

8 0
3 years ago
You are the manager of a retail store. You believe the economy is in a recession and that sales for the month will be unusually
Naya [18.7K]

Explanation:

In the scenario described above, it can be identified that the behavioral characteristic of the manager is that he is an aggressive person.

This type of behavior has as main characteristics the expression of your ideas, needs and feelings to the detriment of those of other people, this can be seen in the question in the excerpt that says that the manager made an important decision for the business without consulting his superiors because you believe they feel the same way about the economy as you do.

Although this aggressive behavior can sometimes be expressive, it can also lead to hostility.

6 0
3 years ago
Suppose monetary neutrality holds and velocity is constant. A 5 percent increase in the money supply increases the price level b
Alex73 [517]

Answer:  Increases the price level by 5 percent

Explanation:

Monetary Neutrality is a theory in Economics that posits that when there is a change in money supply in an economy, the only variables affected are the nominal ones like price level and wages and Real variables like GDP and employment are not affected.

It holds that when there is an increase in money supply, there is an equivalent increase in Price level as well because the value of money has fallen by the rate of the monetary increase. The Price level rising at the same rate is to compensate.

A 5 percent increase in the money supply will therefore increase the price level by 5 percent.

4 0
2 years ago
Sheffield Corp. sold $120000 of goods and accepted the customer's $120000 8%, 1-year note receivable in exchange. Assuming 8% ap
svetlana [45]

Answer:

The journal entry to record the sale :

Debit : Note Receivable $120000

Credit : Sales Revenue $120000

Explanation:

The journal entry to record the sale includes a Debit entry of a Note Receivable at the amount owed by the customer since there was no immediate payment of cash and a Credit entry of Sales Revenue to recognize Income earned.

8 0
2 years ago
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