Case study 1: Shoe Quota Concerns raised about the declining U.S. shoe industry and unfair labor practices in foreign shoe factories lead the Congress and President to impose a quota on shoe imports.
Answers
The case study "Shoe Quota Concerns" presents the declining U.S. shoe industry and unfair labor practices in foreign shoe factories that led to Congress and the President imposing a quota on shoe imports. In 1986, the US shoe industry was declining because of the competition brought about by cheap foreign shoes.
This resulted in a reduction of jobs and wages for those in the US shoe industry, resulting in public outcry for a solution. The solution was for the government to impose a quota on foreign shoe imports, which the Congress and President agreed upon.
The United States government implemented a quota that specified that the number of shoe imports from foreign countries was limited to 58% of the previous year's import level. This would allow domestic producers to regain their lost market share, which would result in a positive impact on their businesses.
Critics argue that quotas hinder foreign competition and limit consumer choices, while advocates maintain that they protect American jobs. As a result of the shoe quota, importers shifted their focus to other countries with fewer restrictions, and the quota was lifted after four years.
In conclusion, this case study exemplifies how protectionist policies, such as quotas, can have both positive and negative impacts on domestic industries and the global economy.
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Related Questions
Monitoring the competition is important for all the following reasons EXCEPT
a
to keep prices competitive.
b
a similar décor will attract customers.
c
to match competitors’ promotions.
d
to detect weaknesses in competitors’ promotional strategies.
Answers
Answer: The answer is B
Explanation: Took the test
Answer:
B. a similar décor will attract customers.
Explanation:
HOW do stock prices go up? I understand that if more people are buying that stock, the demand is higher, so the share price increases, but who/what controls when the number that shows the price on yahoo changes?
Answers
When a large number of people begin to invest in a particular share, the demand for that share increases, and its prices begin to rise. If a large number of people want to sell a particular stock at the same time, supply will increase and prices will fall.
What causes Stock Prices to change and Increase?Market forces cause stock prices to fluctuate on a daily basis. This means that share prices fluctuate due to supply and demand. When more people want to buy a stock than sell it (demand), the price rises. If more people wanted to sell a stock than buy it, there would be more supply than demand, causing the price to fall.
Having said that, the main theory is that a stock's price movement indicates what investors believe a company is worth. We should not confuse a company's worth with its stock price. A company's worth is determined by its market capitalization, which is the stock price multiplied by the number of shares outstanding.
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In two to three sentences, explain why a small amount of inflation encourages economic growth. will give brainliest
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Answer:
A small amount of inflation can be really good for the economy. It can boost consumer demand and consumption. This encourages spending and investing.
if the reserve requirement is 8% and the fed increases reserves by $20 billion, what is the total increase in the money supply?
Answers
The total increase in the money supply would be $250 billion.
When the Federal Reserve increases reserves by $20 billion and the reserve requirement is 8%, the total increase in the money supply can be calculated using the money multiplier formula.
The total increase in the money supply can be calculated using the money multiplier formula:
Money multiplier = 1 / Reserve requirement
Assuming a reserve requirement of 8%, the money multiplier would be:
Money multiplier = 1 / 0.08 = 12.5
So a $20 billion increase in reserves would lead to a:
Total increase in the money supply = $20 billion x 12.5 = $250 billion
Therefore, the total increase in the money supply would be $250 billion.
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Select the response that corrects the capitalization error in the sentence below. I live in Kentwood, louisiana. a. i b. kentwood c. Louisiana Please select the best answer from the choices provided A B C
Answers
Answer:
a) I
Explanation:
The letter I continues to be capitalized because it is the only single letter pronoun. Because the pronouns I and me have different uses, it's easy to distinguish between the two in terms of capitalization rules.
A government that is concerned about inflation wants to
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A government that is concerned about inflation wants to take measures to reduce the rate of inflation. Inflation refers to the increase in prices of goods and services over time. To reduce inflation, the government can take various measures, including:
1. Monetary Policy: The government can adjust the money supply in the economy through its central bank. They can increase interest rates or decrease the money supply to reduce inflation.
2. Fiscal Policy: The government can also adjust its spending and taxation policies to manage inflation. They can increase taxes or reduce government spending to slow down economic growth and reduce inflation.
3. Supply-side policies: The government can implement policies that aim to increase the supply of goods and services in the economy. This can help to reduce prices and inflation.
4. Wage and Price Controls: The government can also impose price and wage controls to reduce inflation. This involves setting a cap on the prices of goods and services and limiting the amount that employers can pay their workers. However, this approach is controversial and can have unintended consequences, such as shortages of goods and services.
These are some of the measures that a government can take to reduce inflation. The specific measures taken depend on the economic conditions and the particular circumstances of the country.
JohnBoy Industries has a cash balance of $42,000, accounts payable of $122,000, inventory of $172,000, accounts receivable of $207,000, notes payable of $117,000, and accrued wages and taxes of $35,500. How much net working capital does the firm need to fund?
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The net working capital the firm needs to fund is $146,500. It is important for a company to have a sufficient amount of Net Working Capital to run its business smoothly. Inadequate working capital may lead to financial problems and may hinder the growth of the company.
Net Working Capital refers to the difference between the assets and the liabilities of a company. In other words, it is the amount of funds required by a company to operate its business smoothly. It is the amount of money required by a business to meet its financial obligations. It helps in the efficient functioning of a business. It is the difference between current assets and current liabilities.
Given,
Cash balance = $42,000
Accounts payable = $122,000
Inventory = $172,000
Accounts receivable = $207,000
Notes payable = $117,000
Accrued wages and taxes = $35,500
Net Working Capital (NWC) = Current Assets - Current Liabilities
Current Assets = Cash balance + Inventory + Accounts receivable
= $42,000 + $172,000 + $207,000
= $421,000
Current Liabilities = Accounts payable + Notes payable + Accrued wages and taxes
= $122,000 + $117,000 + $35,500
= $274,500
Net Working Capital (NWC) = $421,000 - $274,500
= $146,500
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Revenue tariffs, such as a tax on oil, are ________ ; while protective tariffs, such as taxes on solar panels, are ________.
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It should be noted that Revenue tariffs are designed simply to raise money for the government; ; while protective tariffs, such as taxes on solar panels, are designed to raise the price of imported goods to make domestic goods more competitive.
What is a Revenue tariffs?A "revenue tariff can be regarded as set of rates which is been put in place to raise money for the government.
Therefore, protective tariffs, such as taxes on solar panels, are designed to raise the price of imported goods.
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At base, the mainstream concept of poverty translates to a. sufficient hard currency but insufficient purchasing power. b. an almost Calvinist self-betterment. c. unfulfilled material needs. d. an abundance of liquidity.
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At base, the mainstream concept of poverty translates to c. unfulfilled material needs.
What is Poverty?This refers to the financial state of not being able to afford the basic needs of a person.
Hence, at the base level, the mainstream concept of poverty translates to "not enough money in the pocket" which has to do with low or insufficient purchasing power and this leads to a list of c. unfulfilled material needs.
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pls i need your help. i will literally do anything!! (15pts)
Taking a loan out from a bank is part of the ____ step of starting a new business.
A. implementing a business structure
B. creating a business plan
C. finding funding
D. conducting research
A P E X
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Answer:
finding funding I got it wrong and that was the correct answer FINDING FUNDING
Taking a loan out from a bank is part of the finding funding step of starting a new business. Thus, option C is correct.
What is a loan?A loan is a mutual fund that enables a user can access a defined sum of money at the beginning of the transaction on the understanding that this quantity, with the agreed-upon interest, would be paid back within a given time frame.
Get the personal loan registration form, and fill it out with the necessary information. produce the necessary documentation The lenders will then review the paperwork and determine the applicant's creditworthiness.
Finding finance for a startup company includes taking out a loan from a financial institution. As to start a business a person may need some kind of loan amount so that they would be able to have a capital venture in the business.
Therefore, option C is the correct option.
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A d d m e o n d i s c o r d
Katelyn#6394
Answers
Answer:
ok and thanks for the points
thanks:)
Answer:
ok
Explanation:
FREEEEEEE POINTS
Patriot Bank has $60 million in cash and $100 million in loan assets. Its insured deposits are valued at $75 million and its uninsured deposits are valued at $50 million. Equity is the difference between the asset and the liabilities, $35 million. If Patriot Bank suffers $50 million in loan defaults, then what is the cost of failure resolution to insured depositors? (Answer in million dollars, e.g. if you get a cost of $20 million, then write your answer as 20)
Answers
The answer to the question is provided as follows:Main answer:The cost of failure resolution to insured depositors in million dollars is 25 million dollarsExplanation:Given that:Patriot Bank has $60 million in cash and $100 million in loan assets. I
ts insured deposits are valued at $75 million and its uninsured deposits are valued at $50 million. Equity is the difference between the asset and the liabilities, $35 million.If Patriot Bank suffers $50 million in loan defaults, then what is the cost of failure resolution to insured depositors?To find the cost of failure resolution to insured depositors, we need to know the total amount of money available to repay the deposits and the amount of deposits to be paid.Total liabilities of the bank = insured deposits + uninsured depositsInsured deposits are valued at $75 millionUninsured deposits are valued at $50 millionTotal liabilities = $75 million + $50 million = $125 millionEquity = Assets - Liabilities$35 million = ($60 million + $100 million) - $125 million$35 million = $35 millionTherefore, equity of the bank equals $35 million.
Now let’s find the total amount of money available to repay the deposits after suffering $50 million in loan defaults.Total assets of the bank = Cash + loan assets - loan defaults$110 million = $60 million + $100 million - $50 millionNow we can find the amount of money available to repay the deposits by subtracting total liabilities from total assets.Amount of money available to repay the deposits = Total assets - Total liabilities= $110 million - $125 million= -$15 millionAs the amount of money available to repay the deposits is negative, it means that there is no money available to repay the deposits of the customers. Therefore, the FDIC will have to reimburse the insured depositors from its insurance fund.The cost of failure resolution to insured depositors will be equal to the amount reimbursed by the FDIC to insured depositors.Cost of failure resolution to insured depositors = Insured deposits - amount reimbursed by FDIC= $75 million - $50 million= $25 millionTherefore, the cost of failure resolution to insured depositors in million dollars is 25 million dollars.
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An example of a cost is _____.
revenues
principal and interest on loans
tornadoes
profits
Answers
Shondra is thinking of making payments for her laptop by setting up automatic withdrawals with the store. What must
Shondra consider before she decides to pay with automatic withdrawals?
Shondra should be sure she will remember to call the store each month to make the payment.
Shondra should check her credit history to be sure she has a good credit score.
Shondra should be sure she will have enough in her account to be able to make the monthly payments.
Shondra should consult with a credit counseling service.
Answers
Answer:
Shondra should be sure she will have enough in her account to be able to make the monthly payments.
Explanation:
She need to consider and makes sure she have enough in her account to be able to make the monthly payments.
What is an automatic withdrawals?This is a financial procedure that is used when someone grant their bank the permission to make a payment to a creditor their your bank account.
Hence, there is need to makes sure she have enough in her account to be able to make the monthly payments to the creditor.
Therefore, the Option C is correct.
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net income less dividends available to preferred shares (in millions) $ 18,653 weighted-average common shares outstanding (in millions) 6,857.575 equity applicable to common shares (in millions) $ 123,053 required: 1. compute earnings per share (eps) for samsung. 2. if samsung buys back outstanding shares from investors, would we expect earnings per share (eps) to increase or decrease from the buyback?
Answers
Dividends are a mechanism for a corporation to distribute its profits to investors, whereas net income is a reflection of a firm's profit. Every company wants to be profitable, and the more the better.
Dividends are they reduced by net income?The net income or profit of a firm is unaffected by stock or cash dividends. The area of the balance sheet devoted to shareholders' equity is affected instead by dividends. Dividends, whether in the form of cash or stock, serve as compensation to investors for their stakes in the company.Net income less preferred dividends equals the earnings that are accessible to common investors. Entire revenue less total expenses equals net income, often known as profit. Revenue is the cash you bring in from the sale of goods and services. The charges you incur during the same period are called expenses. Examples include rent, payroll, interest, and income taxes.To determine the "starting retained earnings," you must view the retained earnings from the prior year. For instance, if a business reported retained earnings of $10,000 last year and $19,000 this year, with dividend payments of $7,000, the net income is $16,000: $19,000 - $10,000 + $7,000.To Learn more about net income refer:
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The CFO has asked you to compute project Delta's initial investment using the information currently avaliable to you. He has offered the following suggestions and observations:A project's IRR represents the return the project would generate when its NPV is zero or the discounted value of its cash inflows equals the discounted value of its cash outflows - when the cash outflows are discounted using the project's IRR. The level of risk exhibited by Project Delta is the same as that exhibit by the company's average project, which means that Project Delta's net cash flows can be discounted using Fuzzy Button's 9% WACC. Given the data and hints, Project Delta's initial investment is ____________ (a. $7,746,571, b. $8,634,704, c. $7,413,064, d. $7,524,980) and its NPV is _____________(a. $919,523, b. $1,226,030, c. $1,021,692, d. $868,438) (rounded to the nearest whole dollar)
Answers
Project Delta's initial investment is $7,746,571 and its NPV is $919,523.
Cash inflows refer to the money that flows into a business or individual's cash reserves.
It represents the sources of cash or revenue that increase the overall cash position.
Cash inflows can come from various activities, including sales of goods or services, investments, loans received, rental income, interest income, and any other form of incoming cash.
In a business context, cash inflows are crucial for sustaining operations, covering expenses, repaying debts, investing in growth, and generating profits.
Tracking and managing cash inflows is an essential aspect of financial management to ensure the financial health and stability of an organization.
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what is Karl marx relevance today?
Marx and Justice: Criticizing Markets and Free Trade Marx on Alienation and private property Marx's historical materialism - Immiseration of workers Views based on justice principles Criticism of Marx
Answers
Karl Marx remains relevant today due to his significant contributions to political, economic, and sociological thought.
Here are a few reasons why:
1. Criticizing Markets and Free Trade: Marx highlighted the exploitative nature of capitalism, emphasizing the concentration of wealth and power in the hands of a few. His critique of markets and free trade resonates with those concerned about income inequality and the potential negative impacts of unregulated capitalism.
2. Alienation and Private Property: Marx analyzed the alienating effects of capitalism on individuals, arguing that private ownership of means of production leads to the estrangement of workers from their labor. This concept remains relevant in discussions around the impact of work on personal fulfillment and mental well-being.
3. Historical Materialism: Marx's theory of historical materialism emphasizes the role of economic factors in shaping societies throughout history. This perspective continues to inform analyses of social change and economic development.
4. Immiseration of Workers: Marx predicted that capitalism would lead to the worsening conditions of workers. Discussions on labor rights, fair wages, and working conditions today often draw on Marx's ideas regarding the potential exploitation of workers.
5. Justice Principles: Marx's focus on social justice and equality inspires ongoing debates on distributive justice, fairness, and the role of the state in ensuring social welfare.
While there are criticisms of Marx's ideas, his work continues to influence various disciplines and remains relevant in discussions about economic systems, social justice, and the relationship between capitalism and society.
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HELP ASAP
According to the value chain business model, what strategic decisions can a business make?
According to the value chain business model, (blank), integration involves a business taking over a competitor that operates at the same stage in the value chain. (blank)integration refers to a business’s expansion in the previous stages of a value chain.
first blank
horizontal
forward
vertical
second blank
Horizontal
Backward
Forward
Answers
Option (a), In accordance with the value chain business model, horizontal integration entails a company acquiring a rival that works at the same value chain stage.
Option (c), Forward integration is the expansion of a company in a value chain's earlier phases.
How can the value chain model be used to help with corporate strategy decisions?A value chain analysis is a technique that helps businesses understand the numerous links and relationships in their value chain. A value chain analysis may be used by a company to identify the components of its business model that promote or obstruct cost effectiveness.
What is the value chain model? How may it be applied to find strategic information system opportunities?The value chain model identifies specific, significant leverage points where a company may use IT most profitably to improve its market position. This model states that a business is made up of a set of essential jobs that collectively offer its products and services value.
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If your manager were to give you a complex project that involved a lot of research and analysis to provide information to write a detailed and accurate report, how might you make it more manageable? What type of communication skills would that require?
Answers
Answer:
That would be written Communication.
Explanation:
Answer:
the answer is communitive
Explanation:
as the price of computers falls, the quantity of computers demanded increases. this is an application of:
Answers
This is an application of the law of demand. A rise in computer demand and a rise in the number of computer sellers will reduce the number of computers purchased.
This is due to increased supply and demand, and the quantity demanded will also increase to achieve equilibrium. When the price falls, the quantity demanded rises. This is known as the Law of Demand. An inverse relationship is represented on a graph by a downward sloping line from left to right. One reason why the quantity demanded of a good purchased when its price falls is that the lower price raises buyers' real incomes, allowing them to buy more.
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how old do you have to be to work at amazon warehouse
Answers
In order to work at an Amazon warehouse, you must be at least 18 years old.
This is because working in a warehouse can involve heavy lifting, operating machinery, and being on your feet for long periods of time, all of which require physical stamina and maturity. Additionally, there are certain safety requirements that must be met in the workplace, and being 18 ensures that employees are able to fully comprehend and adhere to these guidelines.
It's also important to note that some positions within the warehouse may require additional experience or qualifications, so it's always a good idea to check the specific job requirements before applying.
Overall, Amazon is committed to providing a safe and supportive work environment for all employees, and age requirements help ensure that everyone is able to perform their duties safely and effectively.
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will mark brainliest if answered!! due today!! this was in my business class so i chose business
Lionel works for an energy company interested in drilling for oil off the coast of a small island. The representative for the local fishing industry, Rochelle, says that locals are vigorously opposed to Lionel’s idea. A town meeting is held. Lionel explains how his company is dedicated to practicing the safest drilling techniques. He explains that oil piped from the ocean’s floor is purer and that it can be harvested in a more efficient way than an oil rig on land. Lionel also emphasizes how much the trucks carrying fish to the markets all over the country would save if local oil was able to be used. Rochelle fires back that in the past, serious accidents with offshore oil drilling have been reported. She points out that if there were a spill, the resulting death of fish would cost the local fisherman their livelihood. Local opinion on the issue is split. Before the town agrees to side with Lionel’s energy company or Rochelle’s local fish industry, officials order a report from a biotechnologist. Everyone agrees to go with what the biotechnologist recommends. Which side do you think the biotechnologist will agree with? Why?
Answers
Answer:
Rochelle
Explanation:
Because Rochelle oil company is safer than lionel because if there was a leak the damage would be very big.
Answer:
Rochelle
Explanation:
Rochelle because Because her oil company is safer than Lionel because if there were an oil spill the damage would be huge and it would damage the fish while if they take on Rochelles's idea, they can keep the fish healthy and happy.
Which statement best describes network security?
A. Network security means all information is open to the public, the network is not compromised, and everyone has access to the network.
B. Network security means personal information is kept safe, the network is not compromised, and only authorized users have access.
C. Network security means everyone has access to the network, the network is not compromised, and no one has authorization to use it.
D. Network security means everyone has access to the information, the network is not compromised, and only a handful of people are authorized users.
I believe Its B.
Answers
Answer:
B. Network security means personal information is kept safe, the network is not compromised, and only authorized users have access.
Explanation:
For a network to be secure, it means that, the network is not compromised and only authorised users have access to some of the personal informations that are kept safe on it.
For example, someone working on CIA would require high level clearance in-order to access their network due to the level of private and secure files stored in them. Such network is having secure point.
What kind of policy has nepal adopted in foreign policy
Answers
Explanation: via ministry of foreign affairs website
Which of the following is an example of a civil engineer demonstrating problem sensitivity? (Select all that apply.)
1 Anne notices that the construction company isn't properly following the specified layout for emergency exits.
2 Lewis resolved the conflict between the construction company and the client with his usual tact and diplomacy Nick had to leave his last firm because he felt the environment there was too hostile and he couldn't deal with it.
3 Michiko reviews the latest spec changes from the architect on her project and realizes that a simple color change is going to require reordering massive amounts of tile and slow construction to a halt
Answers
Answer:
1. Anne notices that the construction company isn't properly following the specified layout for emergency exits
3. Michiko reviews the latest spec changes from the architect on her project and realizes that a simple color change is going to require reordering massive amounts of tile and slow constriction to a halt
Explanation:
Problem sensitivity simply means the ability for someone to be able to know that something is wrong with a particular thing. In this case, the civil engineer demonstrating problem sensitivity include:
1. Anne notices that the construction company isn't properly following the specified layout for emergency exits
3. Michiko reviews the latest spec changes from the architect on her project and realizes that a simple color change is going to require reordering massive amounts of tile and slow constriction to a halt .
In both cases, they detected what was wrong and could hinder what they were doing or can cause a problem later.
Problem sensitivity simply means the ability for someone to be able to know that something is wrong with a particular thing.
nike owns equipment that cost $98,300 with accumulated depreciation of $67,200. nike asks $36,200 for the equipment but sells the equipment for $33,800. compute the amount of gain or loss on the sale.
Answers
There is a $2800 gain on the sale if Nike sells the equipment for $33,800.
Salvage value can be described as the estimated value of an asset after depreciation. It can be calculated by subtracting the accumulated depreciation from the initial cost. In this case, Nike owned the equipment that cost $98,300 with accumulated depreciation of $67,200, therefore the salvage value can be calculated as follows;
salvage value = $98,300 - $67,200 = $31,000
Now the amount of gain or loss on the sale can be calculated by subtracting the salvage value from the selling price of the equipment which in this case is $33,800, therefore;
amount of gain or loss = $33,800 - $31,000
amount of gain or loss = $2800
Therefore the amount computed on the sale is a gain of $2800.
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WILL BE MARKED BRAILIEST!!
3.A company sees that sales of its speakers have decreased over the past
120 days. Its most likely option is to first
design a market research plan
visit some stores selling the product
stop production of the product
lower prices and see what happens
Answers
Answer:
They company goes out of business?
Explanation:
According to rankings by many people over the years what is the number one expectation that people have a job they will enjoy
Answers
Answer:
The number one expectation is that the job uses people's abilities to the best, and makes them feel accomplished.
One possible explanation for this is Maslow's hierarchy of needs, in which the need of self-accomplishment is at the top, meaning that this is the need of the highest order.
If people feel that they are achieving self-accomplishment in their jobs, then, it is very likely that they enjoy it.
true or false: preference decisions are made to prioritize and select from capital budgeting alternatives.
Answers
Preference decisions are made to prioritize and select from capital budgeting alternatives is TRUE.
Capital Budgeting Decision happens when a company is contemplating a significant investment to support its own growth. There are 2 kinds of capital budgeting decisions:
Screening decisionsPreferences decisionsScreening capital budget decision happens when a company determine if a proposed investment meets certain requirements. Those requirements taken into consideration could be related to the investment's payback period, cost-benefit analysis, internal rate of return, and accounting rate of return. When a proposed investment is failed to meet the certain requirement, a company could directly decide to reject the investment. Screening decision is taked to see if the proposed investment is worth the company's time and money.
After the proposed investment passed the screening decisions and is shown to be advantageous, a company might do preferrence capital budgeting decision. Preference decisions allows a company to compare several alternative proposed investments that already met their screening criteria and ranks them in order of desirability. The company may choose the investment which best meets company goals.
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How would you describe the dangers of debt to a friend?
Answers
Answer:
I would explain to them that the danger of debt. Can lead to credit going down. When you don’t pay your debt, and you get behind your credit can go down