1-What are the problems according to Trump administration the technological competition of two countries' firms; 2-...

1-What are the problems according to Trump administration the technological competition of two countries' firms;

2- What tools are used by the US and how, to address these problems.

Expert Solution

1. Trump administration has consistently accused China of being unfair in trade as well as other sectors of the economy. US belives China has been forcing US companies operating in China to share technology and other trade secrets. The stealing of intellectual property rights of the US companies by Chinese companies has made American companies incompetitive with respect to their Chinese counterparts.

One of the biggest concern of Trump administration is that the Chinese companies are used by government of China for surveillance purpose and that there are security concerns as well. One such example is of Huawei being banned in the US.

2. US has consistently raied the issue of stealing of intellectual property rights with China at multiple forums.

Other tools that are used by the US to address these problems are sanctioning of Chinese firms caught in sharing customer information with the Chinese government and imposing various other restrictions on such firms's operation.

Rahul Sunny answered 8 months ago

analysis of US-China technological competition, addressing these issues: 1-What are the problems according to Trump administration...

analysis of US-China technological competition, addressing these issues: 1-What are the problems according to Trump administration the technological competition of two countries' firms; 2- What tools are used by the US and how, to address these problems.

Assume that the market of medical supplies is in perfect competition. In early April, Trump administration...

Assume that the market of medical supplies is in perfect competition. In early April, Trump administration proposed export bans on medical supplies. Suppose America is large economy and large exporter of medical goods. Analyze the impact of the export bans on comsumer surplus, producer surplus, government revenue, and national welfare in the US. Use a graph to assist your analysis.

1. According to the model of Bertrand price competition, competing firms will set prices according to...

1. According to the model of Bertrand price competition, competing firms will set prices according to which rule: marginal revenue equal marginal cost marginal revenue equal to average cost price equal to marginal revenue price equal to marginal cost price equal to average cost 2. There are 2 firms that sell a certain software, Microsoft and Oracle. Microsoft invented the software and so they act as a market leader by first deciding how much of the software they are going...

what are Alibaba technological problems and solutions to the problems.

Two firms, 1 and 2, are engaged in Bertrand price competition. There are10possible buyers, each of...

Two firms, 1 and 2, are engaged in Bertrand price competition. There are10possible buyers, each of whom is willing to pay up to $4, and no more, for an item the firms sell .Firms 1 and 2 have identical unit costs of $2. However, each firm has a capacity of 8units, so that it cannot satisfy the whole market by itself (it can only satisfy 8 possible buyers, at most).The firms simultaneously announce prices, p1 and p2 respectively and the...

Consider a price competition model with two firms, 1 and 2, whose demand functions are as...

Consider a price competition model with two firms, 1 and 2, whose demand functions are as follows: Q1 =48−3P1 +2P2 Q2 =80−4P2 +3P1 Each firm incurs costs; C1(Q1) = 8Q1 and C2(Q2) = 13Q2. a) Write down firms 1’s and 2’s profit functions. b) Compute and graph firms 1’s and 2’s best response functions as a function of the other firm’s prices. c) Find the Nash equilibrium of the game. d) Calculate the profit of each firm in the Nash...

Bertrand Price Competition Model: Suppose there are two firms, Firm 1 and Firm 2. They produce...

Bertrand Price Competition Model: Suppose there are two firms, Firm 1 and Firm 2. They produce a slightly differentiated product. The demand for the two products is given respectively by: Q1 = 12 – 2P1 + P2 Q2 = 12 – 2P2 + P1 Suppose each firm’s TFC = $20 and MC = $1 The firm’s compete in prices. Firm 1 chooses P1 to maximize its profit and Firm 2 chooses P2 to maximize profits. Find P1, P2, Q1, Q2

2. What is meant by technological advance and how does the concept impact firms in the...

2. What is meant by technological advance and how does the concept impact firms in the long run? Distinguish between invention, innovation and development and provide an example of each.

Consider Cournot model of quantity competition between two firms, firm 1 and firm 2. Suppose the...

Consider Cournot model of quantity competition between two firms, firm 1 and firm 2. Suppose the inverse demand for the firms product is given by ?=40(?+2)−(?+1)(?1+?2)p=40(A+2)−(B+1)(q1+q2), where ??qi denotes the quantity of firm ?i, ?=1,2i=1,2, ?A is 6 and ?B is 9. Each firm's average cost is equal to ?+2c+2, where ?c is 4. a) Derive and accurately plot each firm's best response function. b) Find the (Nash) equilibrium quantities, price, profits and consumer surplus. c) Suppose next that each...

there are some major trade war events between US and China during Trump administration. 1. What...

there are some major trade war events between US and China during Trump administration. 1. What are the institutional and resource-based explanations to these events? 3. How do you evaluate the status quo of trade disputes between the two countries? How can they overcome the present challenges and establish a better trade relations?

Question