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4 years ago

Are export tariffs illegal in the United States?

Business

2 answers:

scoray [572]4 years ago

5 0

Answer:

yes, however, it is legal if congress gives consent.

Explanation:

Article I, § 10, clause 2 of the United States Constitution, known as the Import-Export Clause, prevents the states, without the consent of Congress, from imposing tariffs on imports and exports above what is necessary for their inspection laws and secures for the federal government the revenues from all tariffs on imports and exports. Several nineteenth century Supreme Court cases applied this clause to duties and imposts on interstate imports and exports. In 1869, the United States Supreme Court ruled that the Import-Export Clause only applied to imports and exports with foreign nations and did not apply to imports and exports with other states, although this interpretation has been questioned by modern legal scholars.

postnew [5]4 years ago

5 0

Answer:

idk

Explanation:

idk

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A producer of fixed proportion goods X and Y ( Q = QX = QY) has marginal costs and revenues of MC = 12 Q, MRX = 54 – 6 QX, MRY =

Pani-rosa [81]

Answer:

A producer of fixed proportion goods X and Y ( Q = QX = QY) has marginal costs and revenues of MC = 12 Q , MRX = 54 – 6 QX , MRY = 126 – 12 QY . The producer should produce how …

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3 years ago

Fiat money has an alternative use as an economic good, while commodity money did not. True or false

Drupady [299]

Answer:

False

Explanation:

Commodity money is money whose value comes from a commodity of which it is made. Commodity money consists of objects having value or use in themselves (intrinsic value) as well as their value in buying goods.

Fiat money is a currency without intrinsic value that has been established as money, often by government regulation. Fiat money does not have use value.

4 0

4 years ago

Assume that IBM leased equipment that was carried at a cost of $178,000 to Sandhill Company. The term of the lease is 7 years De

Tanya [424]

Answer:

Explanation:

December 31, 2017

DR Cash $30,868

CR Lease Receivables $20,569

CR Interest Revenue $10,299

(To record less payment receipt)

Workings

Interest Revenue

= ( Present Value - Rental Payment for year) * Interest Rate

= ($178,002 - $30,868 )*7%

= $10,299.38

= $10,299

Lease Receivables

= 30,868 - 10,299

= $20,569

6 0

4 years ago

Your small remodeling business has two work vehicles. One is a small passenger car used for job site visits and for other genera

andrew11 [14]

Answer:

Explanation:

<u>First - if we upgrade the Car</u> :

Current cost of fuel in car - 12000/25*2.65 = 1272$

after upgrading the car , cost of fuel in car - 12000/40*2.65 = 795$

Net saving in fuel cost - 1272-795 = 477$

<u>Second - if we upgrade the Truck </u>:

Current cost of fuel in truck - 12000/10*2.65 = 3180$

after upgrading the truck , cost of fuel in truck - 12000/12.5*2.65 = 2544$

Net saving in fuel cost - 3180-2544 = 636 $

So, we should upgrade the truck, because it will give more saving in fuel cost.

ANNUAL FUEL SAVINGS IN GALLONS:

CAR - 477/2.65 = 180 GALLONS

TRUCK - 636/2.65 = 240 GALLONS

4 0

4 years ago

Paris won a lawsuit against railroad, and was given a settlement check. the check somehow came to be in eddy's possession. eddy

Vikki [24]

Answer:

Yes under the theory of conversion.

Explanation:

Conversion occurs when an individual takes possession of an item and excercises ownership of it in a way that is in conflict with the real owner's right of possession.

In this instance Eddy paid in a cheque that was not owned by him. The onus was on the bank to confirm from the account owner the real beneficiary of the check.

This would have prevented the conversion of the check through an illegal indorsement.

Conversion is a common type of fraud with regards to dividend warrants where dividend warrants edited to present a different person as the owner of the check.

3 0

3 years ago