Impact of Quota on US Steel market

Related BrainMass Solutions

• Tariff's and quota's for U.S. steel

  How will a quota imposed by the U.S. government on foreign-made machinery impact the domestic price of the same kind of machinery made by U.S. companies? Who gains and who loses from a quota?

• Import Quota

  119418 Import Quota & the new economy Assuming a products is produced both in the US and abroad what would be the effects of a US import quota on the good? Describe some of the attributes of the new economy.

• Tariffs and International Trade

  As in this case, the Imported steel was cheaper than the US producers which was hurting the US steel producers but was a gain to US steel consumers. The reduction of supply will help the US producers to increase the price of steel.

• Case Study: The Politics of Trade in Steel

  Now the government put quota limitation to restrict the supply of Imported Steel which will reduce the supply of steel. The reduction of supply will help the US producers to increase the price of steel.

• Imposing Tariffs on steel imports in 2002; Does WTO represent a loss of US national sovereignty; if tariffs were removed, who would benefit

  Now the government put quota limitation to restrict the supply of Imported Steel which will reduce the supply of steel. The reduction of supply will help the US producers to increase the price of steel.

• four market structures of pure competition, pure monopoly, monopolistic competition, and oligopoly

  How do tariffs imposed by the U.S. government on foreign-made steel impact the domestic price of U.S.-made steel? 13. Who gains and who loses from a tariff? 14.

• equilibrium price of steel

  What impact will this have on the equilibrium quantity of steel sold (in these categories) in the United States? Will the equilibrium price for these categories of steel in the United States market increase or decrease? Explain.

• Assess the impact of currency changes on Nippon Steel

  Nippon Steel currently is exporting as much steel as it can to the United States under existing quota restrictions. What additional information do you need to fully assess the impact of currency changes on Nippon Steel? ANSWER.

• International Trade - Dumping

  The impact of these lawsuits is to increase the price of the particular variety of steel in the US market and the US steel makers get more revenues. b.