1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sindrei [870]
3 years ago
7

Suppose that Brazil imports semiconductors from the United States. The free market price is $30.00 per semiconductor. If the tar

iff on imports in Brazil is initially 40%, Brazilians pay_______ per semiconductor.
One of the accomplishments of the Uruguay Round that took place between 1986 and 1993 was significant across-the-board tariff cuts for industrial countries, as well as many developing countries. Suppose that as a result of the Uruguay Round, Brazil reduces its import tariffs to 20%. Assuming the price of semiconductors is still $30.00 per semiconductor, consumers now pay the price of_______ per semiconductor.
Based on the calculations and the scenarios presented, the Uruguay Round most likely_______ in Brazil and________ in the United States.
Business
1 answer:
taurus [48]3 years ago
3 0

Answer:

a. $42

b. $36

c. benefits consumers in Brazil.  They pay less by $6.

d. does not affect consumers and producers in the United States.

Explanation:

a) Data and Calculations:

Free market price of semiconductor = $30

Brazil tariff on imports = 40%

This means Brazilians pay $42 ($30 * 1.4) per semiconductor

New Brazil tariff on imports = 20%

This implies that Brazilians will now pay $36 ($30 * 1.2) per semiconductor

b) Import tariffs by Brazil are taxes imposed on imports into Brazil by the Brazilian government to discourage imports, generate revenue, and control the type of goods and services imported into Brazil.  The Uruguay Round was an international trade conference that birthed the WTO.  The purpose of the conference and the creation of WTO was to enable countries negotiate better trade deals and ensure the creation of free trade among the comity of nations.

You might be interested in
The extent to which the dominant values in a society emphasize aggressiveness and the acquisition of money and other possessions
klasskru [66]

Answer:

masculinity

Explanation:

Geerte Hofstede's theory of national cultural established 5 dimensions:

  • Power distance (PDI)
  • Individualism versus collectivism (IDV)
  • Masculinity versus femininity (MAS) : masculinity emphasizes ambition and wealth accumulation, while femininity emphasizes caring and nurturing behaviors, environmental awareness and gender equality.
  • Uncertainty avoidance (UAI)
  • Long-term orientation (LTO)

3 0
3 years ago
A ____________________________ is one economic mechanism by which government borrowing can crowd out private investment.
joja [24]

A  higher interest rate is one economic mechanism by which government borrowing can crowd out private investment. This is further explained below.

<h3>What is the economic mechanism?</h3>

Generally, A mechanism is a mathematical representation of the organizations that govern and coordinate economic activity.

In conclusion, Increasing the interest rate is one of the ways in which the government may stifle private sector investment. This will be detailed in further detail in the following paragraphs.

Read more about the economic mechanism

brainly.com/question/14529441

#SPJ1

4 0
2 years ago
Suppose France can produce four phones or three computers with one unit of labor, and Sweden can produce one phone or two comput
lesya [120]

Answer:

Option (a) is correct.

Explanation:

France can produce four phones or three computers:

Opportunity cost of producing one phone = (3 ÷ 4)

                                                                      = 0.75 computers

Opportunity cost of producing one computer = (4 ÷ 3)

                                                                      = 1.33 phones

Sweden can produce one phone or two computers:

Opportunity cost of producing one phone = (2 ÷ 1)

                                                                      = 2 computers

Opportunity cost of producing one computer = (1 ÷ 2)

                                                                      = 0.5 phones

Therefore,

France has a comparative advantage in producing phones because of the lower opportunity cost of producing it than Sweden. France should specialize in producing phones and import computers from Sweden.

Sweden has a comparative advantage in producing computers because of the lower opportunity cost of producing it than France. Sweden should specialize in producing computers and import phones from France.

5 0
3 years ago
Tayesha wants to find more information about a career in architecture. which resource is most likely to give balanced, accurate
Andrei [34K]
<span>The Bureau of Labor Statistics is usually a good starting point. This website/database allows for all types of jobs and industries to be researched. Within these titles, the career advancement data, statistics on compensation, and types of jobs within the overall umbrella are given.</span>
3 0
3 years ago
Read 2 more answers
Small business owners usually invest little money into new marketing strategies because
aleksandrvk [35]

The answer is:  many small business owners invest money into other areas of the business.

Small business usually still struggle in paying all the necessary expense for daily operation. So they cannot afford the marketing strategy that require a lot of capital (such as  magazine, billboards, television, etc.).  Business start to put more into marketing strategies when it inteded to be a player in a large market.

6 0
2 years ago
Read 2 more answers
Other questions:
  • a group of students is measuring the numbers of papers bag brought to a recycling center in a single day. what are the students
    10·1 answer
  • The secret to effective sales is to have a
    10·1 answer
  • The following is a list of accounts and their balances for Benson Company for the month ended June 30, 20xx. Prepare a trial bal
    5·1 answer
  • If the government levies a $5 tax per ticket on buyers of NFL game tickets, then the price paid by buyers of NFL game tickets wo
    7·1 answer
  • Interest is the cost of borrowing. <br> a. True<br> b. False
    10·1 answer
  • In july, noel &amp; vang company purchased materials costing $23,100 and incurred direct labor cost of $19,800. manufacturing ov
    11·1 answer
  • With an unrelated diversification strategy, the types of companies that make particularly attractive acquisition targets are:A.
    13·1 answer
  • Match each of the following accounts to its proper balance sheet classification.
    12·1 answer
  • If fixed costs are $10,000 and variable costs are constant at $1.00 per unit over the relevant range of output, what will the av
    5·1 answer
  • giannis corporation purchases debt investments as trading securities at a cost of $150,000 on december 1. this is its first and
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!