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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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American energy review reported that 27% of american households burn wood. if a random sample of 500 american households is sele
Juli2301 [7.4K]

This is binomial distribution problem. <span>
We are given that:</span>

n = sample size = 500

p = proportion which burns wood = 0.27,

q = proportion which does not burn wood = 1-p = 0.73 

<span>
A. Mean is calculated as:</span>

Mean = n*p

Mean = 500 * 0.27

Mean = 135 

<span>
B. Variance is calculated as:</span>

Variance = n*p*q

Variance = 500*0.27*0.73

Variance = 98.55 

<span>
C. Standard deviation is calculated as:</span>

Standard deviation = sqrt(variance)

Standard deviation = sqrt(98.55)

<span>Standard deviation = 9.93</span>

4 0
4 years ago
4
zloy xaker [14]

Usually, a change of course such as the change in this company operation would be outlined in the firm's product vision statement.

<h3>What is product vision statement?</h3>

A product vision statement is a statement that is use as a guide or reminder to all the stakeholders involved in a product's development and also entails the objective they are aiming to achieve.

Usually, the product vision statement will reflect the change if the change of organization course occur.

In conclusion, the change of course such as the change in this company operation would be outlined in the firm's product vision statement.

Read more about product statement

<em>brainly.com/question/25387241</em>

6 0
2 years ago
Depreciation: Is the process of allocating to expense the cost of a plant asset. Measures the decline in market value of an asse
Bess [88]

Answer:

A. Is the process of allocating to expense the cost of a plant asset.

Explanation:

Depreciation can be defined as a process in which the monetary or financial value with respect to an asset decrease or falls over time as a result of wear and tear.

Depreciation is the process of allocating to expense the cost of a plant asset.

7 0
3 years ago
The most obvious benefit of specialization and trade is that they allow us to
Kipish [7]
The most obvious benefit of specialization and trade is that they allow us to: <span>Consume more goods than we otherwise would be able to consume
When we do specialization, we could produce the goods that provide competitive advantage for us so we can produce that goods in a huge amount.
After that, we can trade the goods with other goods (which gives competitive advantage to other country) and trading countries could consume goods on a huge amount.</span>
6 0
4 years ago
OK Dry-Cleaning advertises so effectively that the regular customers of its competitor, Purity Cleaners, patronize OK instead of
stepan [7]

Answer:

a. a lawful action that is not a tort.

Explanation:

A tort refers to some wrongful act or some infringement of any right which is other than under any  contract which leads to a legal liability. It is based on a civil law. People are liable for their actions taken against another both accidentally or intentionally.

In the context, the customers who is regular to Purity Cleaners tries to patronize or condescend OK Dry Cleaners instead of Purity Cleaners. This is lawful action, however not a tort.

8 0
3 years ago
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