Arguments for trade restrictions that economists support
Problem: Give three arguments for trade restrictions. Are there any arguments for trade restrictions that most economists would support? Discuss.
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The purpose of government subsidies is to encourage activities that are deemed to have positive spillovers. A professional sports team, for example, is thought to increase tax revenues and increased demand for local businesses.
1) A specific drug and its impact on patients or on costs, or 2) The costs and benefits of the FDA's contributions to patient safety. You must substantiate your response with information from one or more peer-reviewed sources.
Analyze the effect of the political economy on trade agreements and policy. Analyze the various countries to which the United States actively trades or has an embargo upon.
Question: Business organization, methods, strategies and practices have evolved over centuries. Generally, innovations are introduced to address problems or difficulties not solved by current practice.
I understand the normative aspects to Marx's writing such as the exploitation of workers, the alienation of workers and the immiseration of proletariat, but I need help constructing his positive account.
Problem: Write 1 to 2 pages on market failure with a real world scenario. Then discuss the nature of the market failure.
- How may a firm achieve competitive advantage? Consider strategies of cost leadership, benefit leadership and degrees of focus. - How does the price elasticity of demand affect a firm's strategic positioning for competitive advantage?
Is there a danger that ultimately this competition will be a "race to the bottom," with states and localities paying far more in tax incentives than they will ever receive in the form of job creation or money reinvested in the community?
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