--%>
Assignment Help - homework help

What is American made in today’s global economy

Illustrates how hard it is to define what is “American made” in today’s global economy?

E

Expert

Verified

The conversation takes place at the Baleful Refrigerator Co.  (an American company) where an executive is insisting that Americans should not buy foreign refrigerators because this hurts his company.  While he is talking, several things occur:

1. He orders steel from Japan because it is less expensive.

2. He orders handles from Taiwan for his refrigerators.

3. Icemakers come from Hong Kong or South Korea.

4. Motors come from a German company in Brazil.

5. The defroster comes from Finland.

   Related Questions in Business Economics

  • Q : Determine opportunity cost of making an

    The opportunity cost of making an exact alternative is: (i) useful primarily as an indicator of relative prices. (ii) its nominal costs into terms of all other goods. (iii) the information which guides your decision. (iv) measured through the subjecti

    		•
  • Q : Elucidate state expenditures and

    Elucidate state expenditures and receipts for all states in 1998?

    		•
  • Q : Illustrate how Microeconomics looks at

    Illustrate how Microeconomics looks at specific economic units?

    		•
  • Q : Adopting policy of paying efficiency

    The expected losses to workers by shirking are increased while a firm adopts a policy of: (1) dividing productive tasks therefore the division of labor is optimal. (2) paying efficiency wages that exceed market-clearing wages. (3) avoiding legal liability from not wri

    		•
  • Q : Describe Net income approach Briefly

    Briefly describe Net income approach? Named who recommended this theory?

    		•
  • Q : Positive task of speculators in market

    A positive responsibility played through speculators within a market economy is to: (1) find out price levels for entrepreneurs. (2) predict the quantity at that long run equilibrium would be attained. (3) inform government organizations of consumer p

    		•
  • Q : Example of public goods Drinking at a

    Drinking at a public water fountain is: (w) a public good because anyone may drink from it. (x) results in a negative externality because others can’t drink from this at similar time. (y) a positive externality because you are benefiting by other’s provisi

    		•
  • Q : Factors of production and the method

    Who owns the factors of production and the method used to coordinate economic activity?

    		•
  • Q : Founder of modern economics The person

    The person along with, arguably, the top claim to the name “founder of modern economics”: (1) John Stuart Mill. (2) Karl Marx. (3) John Maynard Keynes. (4) Joan Robinson. (5) Adam Smith. Hello guys I wa

    		•
  • Q : Changing rates of Appreciation and

    Elucidate the changing rates of Appreciation and Depreciation?

    		•