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Ksju [112]
1 year ago
8

A political pundit argues that the government should impose a tariff on tires because they are a necessary input into the produc

tion of various weapons. Free trade, she contends, would make the United States overly dependent on foreign countries for the supply of tires and thus, in case of war, unable to make enough weapons to defend itself.
Which of the following justifications is the pundit using to argue for the trade restriction on tires?

National-security argument

Jobs argument

Infant-industry argument

Using-protection-as-a-bargaining-chip argument

Unfair-competition argument
Business
1 answer:
valentina_108 [34]1 year ago
7 0

Answer:

The correct answer is letter "A": National-security argument.

Explanation:

The National-security argument is a point of view that promotes the imposition of quotas and tariffs on imports related to national security in an attempt to boost domestic production on the same items. This situation will cause that in front of war the country will produce its own supplies to meet effectively its demand instead of relying on other countries to provide them with those goods. Most protectionist countries tend to support this idea.

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In-N-Out Burger decides to target both the college student community and the artisan build-your-own burger segment. What advanta
Ne4ueva [31]

Answer:

Increasing total sales by targeting more customers

Explanation:

When a company has a product that can satisfy various segments of customers, they will target as many customers as possible.

This will increase the number of sales that the company makes and in turn will increase revenue.

Targeting a wider customer base is the strategy being used by In-N-Out Burger. They decided to target both the college student community and the artisan build-your-own burger segment.

This startegy can however be more expensive if different advertisements are required to target different segments. Promotion expense will increase.

4 0
1 year ago
Houston repeatedly promised his daughter, Allyson, that he would pay one-half of the costs for Allyson to attend a private, hist
notsponge [240]
It is 1 3/4 because I know it
8 0
2 years ago
Describe the formation process of cross-border mergers, acquisitions, and international joint ventures. What are the major diffe
Readme [11.4K]

Answer:

The answer is below

Explanation:

Merger is a business term that defines the major mean of concentrating businesses. It can be in two different forms, which can either be through the arrangement of a new company or through the through the unification of one or more firms into another firm.

Acquisition however is a business term that describes the purchases of a company's most or all shares, in order gain control that company, buy another company (buyer).

On the other hand, An international joint venture often referred to as IJV is a business term that describes the formation of partnership of companies based in two or more countries, without taking over the other company outright.

Hence, the formation process of a merger, acquisition and international joint venture involves the following:

1. Planning: this stage involves the signing of the letter of intent, advisor appointment, creating and documenting the timetable, transaction method and expert report

2. Resolution: this stage is also vital which involves meetings of Board of Director, extraordinary shareholder, identification of opposition party and go ahead from the antitrust authority.

3. Implementation: this is a stage involving the enrolment of the merger deed in the Company Register.

5 0
2 years ago
1. Imagine you are a mid-level manager for a major international oil company. You have been asked whether an investment in oil e
WARRIOR [948]

Answer:

1. What environmental, social, and political risks might arise in supply chain operations in Haiti?

An enviromental risk is another earthquake. Haiti is a very seismic country, and infraestructure quality is low: it can easily crumble down in the even of a strong earthquake (unlike other highly seismic countries with high quality infraestructure, for example: Japan).

A social risk is the possiblity of workers' revolts. The workers may feel exploited, or not at ease within the company, and decided to revolt. Haiti is a violent country, and the revolt could easily become a full-scale conflict that would result in the closing of most, of all of the firms associated with the supply chain.

A political risk is the possibility of property seizure by the government. Haiti does not rank high in government stability, judicial independence, or property rights protections. A new government could become authoritarian, and decide to seize the firms associated with the supply chain.

2. What are the foreseeable costs and benefits from supply chain operations in Haiti?

Low labor costs: the average per capita income in Haiti is $450, and the poverty rate is over 50%, while the underemployment rate is over 60%. This means that people are willing to work, and will work for very low wages, meaning lower costs accross the supply chain.

Untapped market: Even if Haiti is a very poor country, for the same reason it has a great potential to grow, since poor, developing countries tend to grow faster than advanced nations. If the economy of Haitin turns upwards, the firms along the supply chain will likely benefit from being the first in the new market.

3. How could you ensure that your company’s involvement would play a beneficial role in Haiti’s economic recovery?

Paying fair wages, following the country's laws, avoiding illegal practices such as bribing, and putting aside some of the company's income for social contributions such as donations to schools and hospitals (corporate social responsability).

5 0
2 years ago
Consider a remote town in which two restaurants, All-You-Can-Eat Cafe? and GoodGrub Diner, operate in a duopoly. Both restaurant
stich3 [128]

Answer:

Both restaurant will clean up

Explanation:                                                        

In the table below the first number in the parentheses belongs to All-You-Can-Eat Café? and the second number belongs to GoodGrub Diner . And the titles (Clean Up and Not Clean) represents their options separately.

                                                                            GoodGrub Diner

                                                     Clean Up            Not Clean

All-You-Can-Eat Café? Clean Up (11 000, 11 000) (18 000, 6 000)

                                Not Clean (6 000, 18 000) (14 000, 14 000)

If All-You-Can-Eat Café? cleans up, GoodGrub Diner will earn 11 000 dollars by cleaning up verses 6 000 dollars by not cleaning. And if All-You-Can-Eat Café? doesn’t clean, GoodGrub Diner will earn 18 000 dollars by cleaning up verses 14 000 dollars by not cleaning. Similarly All-You-Can-Eat Café? will be better off by cleaning up both in the case where GoodGrub Diner cleans up and in the case where GoodGrub Diner doesn’t clean, comparing with the cases All-You-Can-Eat Café? doesn’t clean.

Each restaurant adopts the strategy that is best for itself regardless of which strategy the other restaurant chooses. This is called the Nash equilibrium.

8 0
2 years ago
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