« previous next »

Author Question: What is an import quota? Explain how import quotas can be misused.[br][br][b][color=black]Question ... (Read 102 times)

MGLQZ

  • Hero Member
  • *****
  • Posts: 579
on: Jun 29, 2018
What is an import quota? Explain how import quotas can be misused.

Question 2

If 56 percent of the respondents agree with a statement, the z-value is 1.96, and the desired error is plus or minus 3.5 percent, the needed sample size is APPROXIMATELY:
 a. 770.
 b. 28.
 c. 393.
 d. none of these choices.


mcarey591

  • Sr. Member
  • ****
  • Posts: 365
Reply #1 on: Jun 29, 2018
Answer to Question 1

An import quota is a restriction on the amount of a product that can be imported into a country. The purpose of a quota is to limit competition and protect domestic industries. However, instead of developing plans to become more competitive, the protected companies sometimes use quotas as an opportunity to raise prices to increase profits quickly. They are able to do this because they have less competition. This ultimately weakens the industry in the international marketplace.

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Supermassive Black Holes as Engines for Galactic Activity Supermassive Black Holes as Engines for Galactic Activity
How to solve an exponential problem using a table of values (Question 2) How to solve an exponential problem using a table of values (Question 2)
Perception of Color Perception of Color
A fun math question A fun math question
economic question economic question
Chemistry question Chemistry question
Video: Hormonal regulation of pregnancy - weeks 2 through 38

For a complete list of videos, visit our video library