Purchase Solution

trade restriction

Not what you're looking for?

Ask Custom Question

When a country imposes a trade restriction on certain products, say in the form of import tariffs for the sake of protecting domestic industries againts competing foreign products, is trade still a win-win game? Why? Why not?

Who are the likely winners and losers within the country? Why?

Purchase this Solution
Solution Summary

When a country imposes a trade restriction on certain products, say in the form of import tariffs for the sake of protecting domestic industries againts competing foreign products, is trade still a win-win game? Why? Why not?

Solution Preview

Yes, it is a win-win situation because foreign companies still get to explore the market opportunities ...

Solution provided by:
Sheetal Jain, PGDM
Education
  • BComm, University of Delhi
  • Post Graduate Diploma in Management (Equivalent to MBA), All India Management Association
Recent Feedback
  • "Thanks"
  • "Thanks"
  • "Very good! "
  • "thanks"
  • "Thank you!"
Purchase this Solution
Free BrainMass Quizzes
Academic Reading and Writing: Critical Thinking

Importance of Critical Thinking

Basics of corporate finance

These questions will test you on your knowledge of finance.

Organizational Leadership Quiz

This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.

Introduction to Finance

This quiz test introductory finance topics.

Organizational Behavior (OB)

The organizational behavior (OB) quiz will help you better understand organizational behavior through the lens of managers including workforce diversity.

View More Free Quizzes
Related BrainMass Solutions

  • trade restriction

    216670 Harmful Forms of Trade Restriction What is the most harmful form of trade restriction? What about the least harmful? Explain why in each case? When might each type be used?

  • Trade barriers

    Quota is a restriction by one country on the other countries of imports. This restriction is in nature of quantity. For eg if Usa imposes restriction on India on the imports from Indian television of not more than one lakh television per year.

  • Global Business Management: Corruption and Trade

    What is the purpose of this restriction? Is the restriction achieving its purpose? Why or why not?

  • reasons of trade restrictions

    Quota is a restriction by one country on the other countries of imports. This restriction is in nature of quantity. For eg if USA imposes restriction on India on the imports from Indian auto engines of not more than one lakh engines per year.

  • Tariffs and trade restrictions

    Quota is a restriction by one country on the other countries of imports. This restriction is in nature of quantity. For eg if Usa imposes restriction on India on the imports from Indian auto engines of not more than one lakh engines per year.

  • If free trade is intended to benefit nations, why do nations restrict trade? How do nations restrict trade?

    Quota is a restriction by one country on the other countries of imports. This restriction is in nature of quantity. For eg if Usa imposes restriction on India on the imports from Indian television of not more than one lakh television per year.

  • Tariffs and International Trade

    Unequal internal distribution of gains from the trade. 2. Haggling by countries over trade restrictions 3. Specialized production: economies of scale 4. Macroeconomic aspects of trade 5. National security 6. International politics 7.

  • effects of tariffs and quotas on international competition

    Quota is a restriction by one country on the other countries of imports. This restriction is in nature of quantity. For eg if Usa imposes restriction on India on the imports from Indian television of not more than one lakh television per year.

  • Your boss in the U.S. home office wants to know your perspec

    Quota is a quantity restriction by one country on the other countries in relation to imports. For example, the USA can impose restriction on Vietnam on the imports of Vietnamese catfish of not more than 10 thousand tones per year.

View More Related Solutions