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Ad libitum [116K]
3 years ago
12

American apparel makers complain to Congress about competition from China. Congress decides to impose either a tariff or a quota

on apparel imports from China. Which policy would Chinese apparel manufacturers prefer?A.tariffB.Quota
Business
2 answers:
Ugo [173]3 years ago
7 0

Answer:

Quota is preferred by the Chinese apparel manufacturers.

Explanation:

The reason is that the China has an competitive advantage of less costly workers and also that they are highly competitive in terms of prices. Usually the quality of American’s products are far much better in quality and technology. This means if the tariffs are imposed on Chinese products then their are huge revenue losses to Chinese apparel manufacturers. Whereas quota will enable them to sale their products to America which shows lower revenue losses.

So quota is far much better for Chinese manufacturer’s in case if America decides to use protectionist approach, I mean America decides to imposed trade barriers for Chinese companies to protect American companies.

puteri [66]3 years ago
7 0

Answer:

B. Quota

Explanation:

The Chinese apparel manufacturers would prefer quota (which is the temporary restriction that limits the number or monetary value of goods that a country can import or export during a particular period) to tariff, because if tariff is imposed, the amount the seller or producers uses to get the product to the consumers becomes higher as increase in the tariffs is simply the increase in tax imposed on goods.

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<h3>What is a trend analysis?</h3>

It should be noted that attend analysis simply means a technique that's used t predict future investment.

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Answer:

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2 years ago
Doris recently started her position at Monro Company. The company uses the dollar-value LIFO inventory method. On her first day
Furkat [3]

Answer

2

Explanation:

Cost index in dollar - value LIFO method is used to determine the change in prices since the beginning of he base year by comparing the year end inventory to the base layer cost.

The extended cost of the ending inventory at the most recent  price is divided by the cost of the ending inventory at the base year price.

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3 years ago
Increasing product supply leads to an outward shift the supply curve. TRUE OR FALSE?
harina [27]

Answer:  

true

Explanation:

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3 years ago
Suppose People's bank offers to lend you $10,000 for 1 year on a loan contract that calls for you to make interest payments of $
Vlad1618 [11]

Answer:

c. 10.38%

Explanation:

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Number of periods = m = 4

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Effective Interest rate = 10.38%

6 0
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