« previous next »

Author Question: Explain the effects of the tariff rate quota on the sugar industry in the United States. What ... (Read 75 times)

WWatsford

  • Hero Member
  • *****
  • Posts: 539
    • Biology Forums!
on: Jul 7, 2018
Explain the effects of the tariff rate quota on the sugar industry in the United States.
 
  What will be an ideal response?

Question 2

Why does the international monetary system exist?
 
  A) because most countries have their own currencies
  B) to control interest rates on international business loans
  C) to avoid monetary crises from becoming global
  D) because it sets the price of a given currency
International Business: A Managerial Perspective ¦ Griffin, Pustay ¦ 9th Edition
Buy Test-Bank


Perkypinki

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jul 7, 2018
Answer to Question 1

The U.S. government uses a tariff rate quota to restrict the amount of sugar imported by the United States. This policy benefits domestic sugar producers by creating more need for domestic production and higher prices. Producers of sugar substitutes also benefit as manufacturers of sweetened products use sugar substitutes in place of sugar. Among those who are worse off as a result of the policy are domestic candy manufacturers and soft drink makers who have to pay higher prices for sugar.

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

A Glitch Interrupts the Vela Pulsar’s Spindown Rate A Glitch Interrupts the Vela Pulsar’s Spindown Rate
Effects of a Placebo on μ-Opioid Neurotransmission Effects of a Placebo on μ-Opioid Neurotransmission
Bilingualism in the United States Bilingualism in the United States
Draw and label a diagram and explain how a factor-dependent transcription (rho-dependent) terminator Draw and label a diagram and explain how a factor-dependent transcription (rho-dependent) terminator
Compute the rate of discount allowed on a rontor -tiller that lists for K 341 and is sold for K ... Compute the rate of discount allowed on a rontor -tiller that lists for K 341 and is sold for K ...
Bodily effects of stress Bodily effects of stress
Video: Major Elements in Biological Molecules: Proteins

For a complete list of videos, visit our video library