Describe who benefits and who loses from tariffs and from
quotas. What is the major difference between...
Describe who benefits and who loses from tariffs and from
quotas. What is the major difference between the effects
of a quota and the effects of a tariff?
What are the effects of a tariff, and who benefits and who loses
when tariffs are imposed? What are the effects of a quota, and who
benefits and who loses when quotas are imposed?
What are the effects of a tariff, and who benefits and who loses
when tariffs are imposed? What are the effects of a quota, and who
benefits and who loses when quotas are imposed?
What are the effects of a tariff, and who benefits and who loses
when tariffs are imposed? What are the effects of a quota, and who
benefits and who loses when quotas are imposed?
3. a) Who gains and who loses from tariffs? Explain this gain
and loss in terms of effect of trade on consumers and producers.
Who is the consumer here and who is the producer?
b.) With the help of a graph, clearly explain the effect of
tariff on consumers and producers. What is the net effect on the
economy’s total welfare? Does the effect on welfare depend on the
amount of tariff?
1. Describe the costs and benefits of protectionism. Who gains
and who loses? Why are the costs so much more subtle/difficult to
see than the benefits?
2. Business Strategy Myths - Suppressed technologies
Review the myth of suppressed technologies. We've all heard
stories of technologies that exist but are suppressed by
corporations or government. Related to this is the "planned
obsolescence" strategy, where new products are regularly released
with new features. Is this really a myth? Can you make an...