Assume two countries, Home and Foreign, with two factors of production, capital and labour, used to produce two goods, rice and cloth. Technology is the same in two countries. Cloth production is labour intensive; Foreign is capital abundant. Suppose that Home is large, while Foreign is small. a. Suppose Home imposes a tariff on its imports, following an optimal tariff schedule, and Foreign counters by applying an export subsidy, so that in the end, relative prices in Foreign are unchanged. What happens to the terms of trade and the overall welfare of the two countries? Explain your answer, using a relative demand-relative supply curve graph to support your answer. b. Explain out of each country's producers, consumers, and the government, who win/lose from both the tariff and the subsidy from both countries. c. Given your answer in part (b), why does Foreign imposes the export subsidy? d. Instead of an export subsidy, what can Foreign do to counter Home's action and keep its overall welfare as close to the level before Home imposes the tariff as possible?

Answers

Answer 1

Imposing tariffs can lead to a decrease in imports and a decrease in overall welfare for the country imposing them. Foreign countries may respond with export subsidies to increase their welfare.

A. With the imposition of tariffs by Home, there will be a decrease in imports in Home, and due to this, the foreign countries will decrease their exports. The foreign country will impose an export subsidy to decrease the relative prices and hence increase the overall welfare.

The terms of trade will decrease for Home and increase for Foreign. When the terms of trade decrease, there is a decrease in real income, and the country becomes worse off. Home becomes worse off, and Foreign becomes better off due to a decrease in the prices.

The figure shows the increase in foreign exports due to an increase in the relative demand for exports of the foreign country. B. The following graph shows the loss in consumers, the gain in producers, and the gain of the government of Home due to the imposition of tariffs.

The following graph shows the gain of consumers, loss of producers, and loss of government due to the imposition of an export subsidy by the foreign country. C. Foreigners impose an export subsidy to decrease the prices of their exports, thereby increasing the overall welfare.

When they increase the subsidies, there will be an increase in the quantity demanded, and hence the producers will be able to sell more. D. Instead of imposing an export subsidy, Foreign can impose a countervailing duty. The countervailing duty will increase the prices of the imported goods and will nullify the effect of the Home's tariff.

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Related Questions

this state became the first to address the issue of equity in health care and cultural competency training of physicians.

Answers

The first state to address the issue of health care equity and the training of doctors in cultural competency was New Jersey.

What is equity in health care?

Health equality is the condition in which everyone has an equal chance to achieve their optimum level of health. The NCCDPHP is advancing health equity by addressing social determinants of health and improving fair and equitable practice through science, programs, policies, and other efforts.

Health care professionals who wish to become more culturally competent should focus on developing skills and knowledge that respect diversity, recognize and address cultural differences, and deepen understanding of cultural norms within the healthcare system.

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according to studies, what is the average age of a road rage perpetrator?

Answers

Determining the average age of a road rage perpetrator is challenging, as it can vary based on different factors, locations, and study populations.

However, studies suggest that road rage incidents can involve individuals across a wide age range. Road rage is a behavioral issue characterized by aggressive or violent behavior exhibited by drivers on the road. It can affect individuals of various ages, from young drivers to older adults. The factors contributing to road rage can be multifaceted and may include stress, frustration, personality traits, and situational circumstances.

While specific studies might provide insights into age demographics related to road rage incidents, it is essential to note that generalizing an average age across all road rage perpetrators would not accurately represent the diversity and complexity of the issue. It is crucial to address road rage as a behavior and promote education, awareness, and strategies to foster safer and more respectful road environments for all individuals, regardless of their age.

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the remnant left behind from a white-dwarf supernova is a neutron star.(True/False)

Answers

False. the remnant left behind from a white-dwarf supernova is a neutron star.

The remnant left behind from a Type Ia supernova, which is a type of supernova that occurs in binary star systems containing a white dwarf, can either be a neutron star or a black hole. However, not all white dwarfs that undergo a supernova become Type Ia supernovae. In other types of supernovae, such as those that result from the collapse of a massive star, the remnant left behind is typically a neutron star or a black hole.

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Question 10 (1 point)
What is a trade surplus?
a situation that occurs when the value of a country's imports is higher than the
value of its exports
a situation that occurs when the value of a country's exports is higher than the
value of its imports

Answers

A trade surplus is B. When the value of a country’s exports is greater than that of its imports

what are the things to remember when putting up a business?​

Answers

Answer:

Don't over-complicate your concept.  

Focus on the market instead of the product

Always overestimate costs.

Establish a support team.  

Always assess your business idea.  

Understand the commitment behind starting.

Explanation:

Focus on marketing!! not the product

Identify your suppliers if you need any

Establish a support team

it’s not much but for me these are the main things. just don’t get overwhelmed! It’ll be fine.

What is public interest what are its advantages?

Answers

"The welfare or well-being of the general public" and society is the public interest.

There is a formal definition, in which the public interest is considered the goal of officially authorized government entities or a manifestation of majority rule. In substantive or policy terms, the public interest can be defined as those activities required for the state's safety and the community's welfare, such as defense, police protection, education, and public health and sanitation.

Advantages of public interest:

Public interest gives individuals who have previously been mute and invisible access to a National Forum of decision-making and authority.The court's appointment of commissions as fact-finding entities to investigate the allegations contained in the petition has established a new form of proof. These commission findings have served as the foundation for court orders in circumstances where people have complained about violations of their rights.Public interest has also offered the court the chance to address critical concerns affecting many people, such as environmental protection and consumer protection.

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Five six seven eight nine ten

Answers

Answer:

11 12 13 14 15 16 17 18 19 20

Eleven twelve thirteen fourteen fifteen

Which of the following is TRUE about the chief justice of the Supreme Court? A. He/she is the only justice who is allowed to write majority decisions. B. The chief justice administers the Presidential Oath of Office. C. He/she must always side with the majority in a Supreme Court decision. D. The chief justice has more power than the associate justices.

Answers

Answer: The chief justice administers the Presidential Oath of Office.

Answer:B-the cheif justice administers the presidental oath of office

Explanation:

Briefly describe the difference between a Type A personality and a Type B personality in regard to stress. List two characteristics of each personality.

Answers

Answer:

Individuals with Type A personalities are often highly motivated, aggressive, impatient, time-conscious, competitive, perfectionistic, and quick to anger. Individuals with Type B personalities are often more relaxed, patient, easygoing, and amicable.

Answer:

Responses may vary but should include some or all of the following information:

Individuals with Type A personalities are generally more prone to inflicting self-imposed stress and have more intense reactions to stress than those with Type B personalities. Individuals with Type A personalities are often highly motivated, aggressive, impatient, time-conscious, competitive, perfectionistic, and quick to anger. Individuals with Type B personalities are often more relaxed, patient, easygoing, and amicable.

Explanation:

Which of the following are key functions of interest groups?

Answers

Act as a tool for checks and balances, inform the public about policy concerns, and defend the welfare of all.

Why do you use the term "interest groups"?

An organisation known as a "interest group" or "advocacy group" use a variety of advocacy techniques to change public opinion and/or policy. Other terms for an interest group include: intelligent society. A group of people who share a common interest or field of expertise. society on campus.

A characteristic of an interest group is which of the following?

An interest group's structure, membership, leadership, positions of authority, election process, bylaws, and finances make up its primary characteristics. An interest group's goals, objectives, and activities are based on its ideology.

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What are mutations, and how can they affect proteins?

Answers

Answer:

By changing a gene's instructions for making a protein, a mutation can cause the protein to malfunction or to be missing entirely. When a mutation alters a protein that plays a critical role in the body, it can disrupt normal development or cause a medical condition.

Explanation:

hope this helps!

Answer:

A mutation can cause the protein to malfunction or to be missing entirely. When a mutation alters a protein that plays a critical role in the body, it can disrupt normal development or cause a medical condition.

Explanation:

Was the Age of Exploration Economic, Social, or Political

Answers

Europeans traveled over the world due to economic, financial, and wealth factors. Exploration of the planet by countries both caused and was impacted by international trade. Countries wanted to cut out the "middlemen" merchants in the trading market to save time and money.

What was the Age of Exploration and why did it happen?

The Age of Discovery (also known as the Age of Exploration) began in the 1400s and lasted into the 1600s. It was a time when European nations first began to explore the world. They mapped out new routes to India, the Far East, and the Americas.

The colonies and Europe traded new foods, plants, and animals. Indigenous peoples were wiped off by Europeans through disease, overwork, and brutality.

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in which state can you stay in a potato-themed hotel?

Answers

The Big Idaho Potato Hotel in Boise, Idaho. The hotel is indeed interesting in my opinion lol

1. Why do you think systematic racism still exists today?

2. Do you think we can live in a society without racism? Why?

Answers

Hello!! Marie Here!!

1.  Some people took this as an event.... Americans should refuse any racial content behind policies backs, being pushed to punish racial groups. Many people go out when confronted with these issues.

2. I don't think we can live without racism it is like an endless event, that is impossible to make it go away...  I think it can not go away because racism, again,  is like an endless event. Even if it stopped there will still be lots of racism out there.

Hope This Helps! Have A Great Day!

Systematic racism still exists today in our society. We can live in a society without racism.

What is systematic racism?

Systemic racism is a type of racism that is incorporated into a society's or organization's rules and regulations. Discrimination presents itself in domains such as criminal law, jobs, housing, health care, education, and representation in government.

Some individuals interpreted this as an occurrence. Americans should resist any racist content hidden beneath measures designed to harm racial groupings. When confronted with these challenges, many individuals leave.

We can live in a world without racism. It's like a never-ending event that can't be stopped. I believe it will not go away since racism is a never-ending occurrence. Even if it were to end, there would still be a lot of prejudice in the world.

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In the morning, an athlete eats a nutritious breakfast to get energy to exercise. What are the main organ systems involved in the process of food from the athlete’s breakfast being broken down into nutrients and then delivered to the cells?

In the morning, an athlete eats a nutritious breakfast to get energy to exercise. What are the main organ

Answers

Answer:

B. Digestive and circulatory system

Explanation:

The digestive system is involved in the break down of food from the mouth to the anus. And Circulatory system is a system that delivers nutrients, oxygen, elements like Iron (Fe).

Hope it helps ;)

assume that congress passes a law establishing a new administrative agency to oversee cyberterrorism issues. the agency writes rules to enable itself to carry out its duties. the rules written by the agency will be known as: a. administrative law. b. statutory law. c. constitutional law. d. a restatement of the law.

Answers

Administrative law is the body of law that governs the establishment and operation of administrative agencies. Administrative agencies' powers are especially important.

as are the substantive rules they make and the legal relationships they have with other government bodies and the general public. Administrative law refers to the laws and legal principles that govern the administration and regulation of government agencies . Congress delegated authority to agencies to carry out certain congressional prerogatives. Agencies are established by their own organic statutes, which create new laws and, as a result, the respective agencies to interpret, administer, and enforce those new laws. Administrative agencies are generally established to protect the public interest rather than to vindicate private rights. Some textualist scholars argue that administrative agencies are unconstitutional, owing to the arguably unconstitutional delegation of legislative power. Nonetheless, current administrative law jurisprudence considers agencies to be constitutional and functionally and pragmatically necessary in today's society. Indeed, because Congress cannot enforce and administer every law it passes, it must rely on agencies to administer, interpret, enforce, and otherwise regulate the various federal laws passed by Congress.

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WILL GIVE BRAINLIEST!!
what does this graph mean??

WILL GIVE BRAINLIEST!!what does this graph mean??

Answers

NOTES: Global mean surface temperature from 1880 to 2018, relative to the 1951–1980 mean. The black line is the global annual mean, and the red line is the five-year local regression line.

The report of the Intergovernmental Panel on Climate Change of October 2018 showed that the difference in impact between 1.5°C and 2°C was very large.  That 0.5°C increase would imply that, for example, the length of droughts would double, the occurrence of extreme weather events would more than double, and all the coral would be gone.  That is why the UNFCCC Paris Agreement (COP21) of December 2015 – to which more than 190 countries have subscribed – wisely set the target of holding temperature increases to “well below 2°C” with efforts to hold to 1.5°C.

To have a reasonable chance of holding below 2°C, we have to cut emissions by around 40% absolutely in the next two decades.  Much bigger cuts are necessary for 1.5°C.

BONUS: Global warming is the process of raising the average temperature of the earth's atmosphere, oceans, and land. The global average temperature on the earth’s surface has risen 0.74 ± 0.18 ° C over the last hundred years. The Intergovernmental Panel on Climate Change (IPCC) concluded that "much of the increase in global average temperature since the mid-20th century is most likely caused by increasing concentrations of greenhouse gases due to human activity" [1] through the greenhouse effect. These basic conclusions have been expressed by at least 30 scientific and academic bodies, including all national academies of science from the G8 countries.. The climate model used as a reference by the IPCC project shows that global surface temperatures will rise by 1.1 to 6.4 ° C between 1990 and 2100.

I hope this helps!!

Have a great day/night :)

List three quations that support the text of Minnesota in 1870

Answers

I hope this helps :)

Explanation:

The correct answer to this open question is the following.

Although you did not attach options, we can say the following,

The three quotations that support the purpose of this document are the following.

1.- It was the first and formal text that including official data of the state of Minnesota.

2.- The book included facts and information about cities, landscapes, people, population, and business in the state.

3.- The text was aimed to inform and attract businessmen, investors, tourists, and even immigrants. It was such an encyclopedia to promote Minnesota. Like an almanac.

The author of this document titled "Minnesota as it is in 1870," was John W. McClung, and he not only included major cities but almost all small towns and locations to promote their activities.

Answer:

1: It was the first and formal text that including official data of the state of Minnesota.

2: The book included facts and information about cities, landscapes, people, population, and business in Minnesota.

3: The text was aimed to inform and attract businessmen, investors, tourists, and even immigrants. It was such an encyclopedia to promote Minnesota. Like an almanac.

What
is 433 feet below sea level at its lowest point

Answers

Answer: I'm like the water when your ship rolled in that night

Explanation:

which of these theories focuses on career choice by examining society rather than individual choices?

Answers

The theory which focuses on career choice by examining society rather than individual choices is Social Structural Theory.

The social structural theory emphasizes the ways in which social institutions and social arrangements, particularly in capitalist societies, shape the opportunities and constraints that influence career choice and development. It is a perspective that views career choice as a product of social factors rather than an outcome of individual choice and free will.

Social Structural TheoryIn the social structural theory, career choice and development are affected by social factors, rather than individual choice. It suggests that one's career choice and development depend on social arrangements and opportunities offered by society. It identifies social institutions such as schools, families, and industries as sources of career influences that shape one's professional path.

In capitalist societies, social arrangements are viewed as being set up in a way that promotes social mobility for some groups of people while limiting social mobility for others. For instance, schools in a capitalist society may limit access to certain programs or courses based on economic class, race, or other factors. Industries may also provide more opportunities to certain groups of people than to others.

Social structural theory emphasizes how social arrangements and institutions play a significant role in shaping career opportunities. It suggests that the opportunities and constraints that people face in their professional paths are not a product of individual choices and free will, but rather a product of the society in which they live.

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NEED HELP FAST
Must be at least 25 years of age

Must be a United States citizen and a citizen of Georgia for at least two years

Must be a legal resident in the district he or she represents for at least one year

Which government office can be held if a person meets these qualifications?

A

A Georgia governor

B

A judge in the state of Georgia

C

A seat in the General Assembly

D

A lieutenant governor in Georgia

Answers

A. A Georgia governor

PLEASE HELP FAST I HAVE ONLY 15 MINUTES
What are two ways to assess the credibility and accuracy of an Internet source?

Answers

Answer: first you want to access the URLThen you want to go into a little ? Box And then want to look around until it says credibility and accuracyAnd then you will be able to find it

Explanation:

Using an example, explain what opportunity cost is. (Not from google own words)

Answers

Answer:

say ou want to to go to your friends house on ur bday instead of staying home. ur friend didn't have any gifts for you but the house at home has like 30 gifts lol.

Explanation:

Name the worlds only carbon negative country​

Answers

Answer: Bhutan

Explanation: The Kingdom of Bhutan is the only carbon negative country in the world.

Where did the idea of dyeing eggs for easter originate?.

Answers

The practice of dyeing eggs for Easter has been around for centuries and has roots in both Christian and pagan traditions. In Christian tradition, the egg symbolizes new life and rebirth, which is why it became associated with Easter.

However, the practice of dyeing eggs may also have pagan origins, as eggs were a symbol of fertility and were often decorated in the springtime to celebrate the renewal of life. The process of dyeing eggs for Easter likely originated in Europe, where it was a popular custom among many different cultures.

Overall, the history and origins of dyeing eggs for Easter are complex and multifaceted, reflecting the many different cultural and religious traditions that have contributed to this beloved holiday practice. The idea of dyeing eggs for Easter originated from early Christian communities in Mesopotamia, around the 1st century AD. They colored eggs red to symbolize the blood of Jesus Christ, who was crucified and resurrected during the Easter holiday.  

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2. What differences did you see between the two portrayals of Tonto? Be
specific. (5 points)

3. What strategies did the writers/producers use to differentiate between
Tonto and the characters of the dominant culture? (15 points)

Answers

Native American in origin, Tonto is a fictitious character. The persona had paint on their faces, talked about commanders and combat, and was portrayed numerous times. While the rangers represented American culture and appearance, the Indians wore face painting.

Tonto is a fictional Native American created by George Trendy and Fran Striker. They are the Apache tribe's Indian subgroup. The Lone Ranger knew him as a buddy.

In the television series The Lone Ranger, Tonto assists in taking down the bad guys, and Johnny Depp portrays him in a Disney adaptation of the role. They are heard discussing officers and battle in both representations.

As a result, the significance of the differences did you see between the two portrayals of Tonto are the aforementioned.

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renee refused to speak to henry for two days. her behavior can be described as that of a(n) _______ .

Answers

Renee's behavior can be described as that of a silent treatment. She intentionally refused to communicate with Henry for two days, demonstrating a deliberate withdrawal of verbal interaction and emotional engagement.

The term "silent treatment" refers to a form of passive-aggressive behavior where a person purposely avoids speaking or communicating with someone else as a means of expressing their displeasure, frustration, or desire to manipulate the situation. By refusing to speak to Henry for two days, Renee demonstrated her discontent or desire for control over the situation, using silence as a powerful tool to convey her emotions and influence the dynamics of their relationship.

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how has federalism suceeded in india

Answers

Federalism has succeeded in India due to the nature of our country's democratic policies. India's policies to ensure success are as follows:

i. Linguistic States: Following independence, the borders of several old states were altered in order to form new states. The establishment of linguistic states was our country's first and most significant test of democratic politics.

ii. Language Policy: The language policy is the second test for the Indian federation. The Indian constitution does not recognize any of the languages as national languages.

iii. Power Decentralization: In India, power has been decentralized to the local government. Panchayats in villages and municipalities in cities are examples of local government.

iv. Relations between the Centre and the States: Restructuring the relationship between the center and the states is another way in which federalism has been strengthened in practice.

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Do you think more developed countries like the U.S. should help poor, less developed countries? Why or why not?

Answers

Answer: Yes

Explanation: if the US has the resources to help the US should.

Answer:

HI BABE

Explanation:

match each term in column a with its definition in column b

Column A
1. sole proprietorship
2. partnership
3. unlimited liability
4. capital
5. contract
6. income
7. expenses
8. profits
9. limited life

Column B
a. personal responsibility for all the debts of
a company
b. another word for "money"
c. the money earned by an individual or a firm
d. a business owned by one person
e. a business owned by two or more persons
f. the risk that a business will close upon the
death of an owner
g. what is left out of income after expenses are
paid
h. the costs of doing business
i. a legally binding agreement

Answers

Sole proprietorship - d. a business owned by one person
Partnership - e. a business owned by two or more persons
Unlimited liability - a. personal responsibility for all the debts of a company
Capital - b. another word for "money"
Contract - i. a legally binding agreement
Income - c. the money earned by an individual or a firm
Expenses - h. the costs of doing business
Profits - g. what is left out of income after expenses are paid
Limited life - f. the risk that a business will close upon the death of an ownership
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