--%>
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 : Freedom is to some extent illusory

    Illustrate “freedom is to some extent illusory”?

    		•
  • Q : Explain about the principle of

    Economic efficiency needs that, relative to the other goods which different individuals might consume, the people who value exact goods relatively the most should own and/or use all goods. Such principle is termed as: (i) economic equity. (ii) allocat

    		•
  • Q : Characteristic of an oligopolistic

    Which of the given is a quality of an oligopolistic market structure? w) There are only some dominant sellers. x) every firm sells a unique product. y) this is easy for new firms to enter the industry. z) Each firm require not react to the actions of

    		•
  • Q : Positive Balance of Payments Question:

    Question: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments." Briefly comment on this

    		•
  • Q : Define the ability of goods by wealth

    According to Adam Smith nation's wealth is, not the gold this possesses, but somewhat it’s: (1) number of people. (2) capability to give goods for its people. (3) foreign investments. (4) domestic financial capital. (5) militar

    		•
  • Q : Illustrate the 3rd the government

    Illustrate the 3rd the government redistributes income?

    		•
  • Q : Elucidate redistribution of income

    Elucidate redistribution of income?

    		•
  • Q : Illustrate Professional and personal

    Illustrate Professional and personal applications?

    		•
  • Q : How will the goods and services be

    How will the goods and services be produced?

    		•
  • Q : Distribution of endowments 1. We have

    1. We have discussed the importance of resource endowments and institutions for an economy's successful development. a. In this game, what are the resources that make up the endowments, and what defines a given player's endowment o

    		•