Why does a quota generate a larger loss to the importing country than a tariff that restricts imports to the same quantity?

(b) Some U.S. politicians claim that China’s trade policies are unfair to the United States, and that a large tariff should be placed on Chinese imports to protect U.S. workers and industries. Why might such a policy sound better than it actually is in practice? What are the dangers of imposing large taxes on Chinese imports?

1. Describe the razor-and-blades business model.

2. How and why do U.S. razor consumers differ from razor consumers in India?

3. How did Gillette’s product development process differ for the Gillette Guard when compared to its previous product development processes?

4. Should Gillette release the Gillette Guard in the U.S.? Should it release the product in other low-income countries besides India?

3) Consider the supply-demand framework for the British pound relative to the U.S. dollar shown in the chart. The equilibrium exchange rate based on both the supply (S) and the demand (D) is $1.90/£. Please ignore the demand curve D’. However, if the current market exchange rate is $1.80/£, does the U.S experience the trade deficit or surplus with the U.K. Moreover, explain your answer based on both the demand and the supply for the pound. (30points

Based on the Covered Interest Parity (CIP), what should be the 90-day forward rate, F_£/US$, today on 6 April 2016 (the contract matures on 5 July 2016)? Use the exact equation of the CIP.??

2016-04-06

U.S. Dollars to One British Pound: 1.4162

3-Month Effective Interest Rate for U.S. Dollar: 0.15765

3-Month Effective Interest Rate for British Pound: 0.14703

1. Approximately 52% of U.S. households own at least one dog. Using the random digit table provided below, explain how you would conduct a simulation to estimate the percentage of dog owners among U.S. households. Assume that you will look at 10 households at a time.
   
   95911 55241 74053 41002 18096 23370
   19411 15586 98282 81306 73024 33198
   03846 22199 73312 59593 05126 99863

In a newspaper article, 28% of the 2600 adults polled said the U.S. space program should emphasize scientific exploration.

Calculate a lower confidence bound at the 99% confidence level for the true proportion of adults said the U.S. space program should emphasize scientific exploration. (2 Points)

Regardless of the true value of proportion, how large a sample size is necessary if the error at 96% confidence level is equal to 0.01? (2 Points)

The efficient market hypothesis states that it is impossible for investors to consistently beat the market. Is it also impossible for investors to consistently do worse that the market –

that is, it is possible to pick a bad portfolio of stocks that will do worse than the market? Explain. Ignore trading costs or fees paid to money managers.

b. Assuming that the U.S. Government will never default on its loans, is investing in U.S. government bonds completely riskless? Explain why or why not

Compared with Canada, Germany, and the U.K., the U.S. ranks first in the stock of medical technologies such as magnetic resonance imaging (MRI), radiation therapy, and cardiac catheterization. Typically, technological advancement is thought to reduce costs and thus leading to lower prices in most markets. However, in U.S. health care markets, technological improvements are cited as one of the reasons for price increases. Briefly explain this seemingly contradictory phenomena using supply and demand analysis.

Does anyone have experience with during a lab on conducting a 2-sample t-test at a 1% level of significance to find out if the U.S. stock returns significantly outperform the U.S. bond returns using the monthly data covering the sample period of 1980-2017? Draw conclusions by both the P Value and Critical Value Method.

Arnavbha - I have an excel spreadsheet with data, but how do I get it to you?

Throughout most of the 1800s, the United States was a fairly isolationist nation especially in regards to not intervening in European affairs. Contrast the arguments made by leading isolationists and interventionists (expansionists) in the U.S. from the 1890s to the 1960s. Which side made the best argument overall and why? Should the U.S. have intervened in the conflicts it did (i.e. Spanish-American War, PhilippineAmerican War, World War I, World War II, and Vietnam) or not?