Question and answer
Question not found
Ask a question
Not a good answer? Get an answer now. (Free)
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
What happens when there is a surplus of imports brought into the U.S.? Cite a specific example of a product with an import surplus, and the impact that has on the U.S. businesses and consumers involved.
Weegy: Is China’s low wage-advantage responsible for its enormous trade surplus with the U.S.? China’s low-wage advantage does provide some advantage in international trade, but as has been discussed in “Labor”, the huge number of U.S. [ imports from China are in labor-intensive products (toys, apparel, shoes, furniture) - industries that have largely moved outside of the U.S. for many years now. While China imports are only 7.5% of American spending on all consumer goods, they constitute 80% of toys, 85% of footwear and 40% of clothing that Americans buy.[5] It is therefore not a question of Chinese exports beating out U.S. exports of the same goods. On a macro level, there is not too much overlap between Chinese and American production, as ( from the U.S.-China Business Council shows. If anything the U.S. exports to China of skill- and capital-intensive goods such as semiconductors and microprocessors, aircraft, machinery, and petroleum and iron-ore[6] has the effect of raising the relative wages of skilled labor in the U.S. In the end, we are almost talking about apples and oranges here. It’s just that we buy more of their apples then they buy of our oranges. ] (More)
Question
Expert Answered
Asked 8/23/2012 7:10:45 PM
0 Answers/Comments
What happens when there is a surplus of imports brought into the U.S.? Cite a specific example of a product with an import surplus, and the impact that has on the U.S. businesses and consumers involved.
Weegy: Whenever there is a surplus of products, regardless of origin, the price drops. Even to the point of selling at a loss, the holder has already paid the invoice and taxes, but still has to pay storage, [ the longer it holds the product the more money it costs, selling at a loss moves the product out of storage and clears the store front for another product. Take the case of car sales, do you really think that cutting $10,000 of the price of a $40K car makes sense if you can sell it for $40K. ] (More)
Question
Expert Answered
Asked 8/23/2012 7:14:38 PM
0 Answers/Comments
21,972,470 questions answered
Popular Conversations
mesosphere
Weegy: Stratospher is between the troposphere and the mesosphere in earths atmosphere. User: stratosphere User: ...
9/1/2015 5:07:52 PM| 4 Answers
Article II of the Constitution is important because it ___________.
Weegy: Article II of the Constitution is important because it executive branch of the government. User: gives ...
9/1/2015 8:57:19 AM| 2 Answers
Simplify 6(x + 3). 6x + 3 6x + 18 6x + 9 x + 18
Weegy: (6x)^2 = 36x^2 User: Simplify 6(x + 3). Weegy: that's not possible! what do you need to know. [s] User: ...
9/1/2015 9:57:41 AM| 2 Answers
The term semantics is derived from the Greek word semantikos, which ...
Weegy: The term semantics is derived from the Greek word semantikos, which means the study of meaning. It is also ...
9/1/2015 9:56:48 AM| 2 Answers
Buying an existing business _____.
Weegy: hello what is your question? User: Buying an existing business _____. Weegy: hello what is your question? ...
9/1/2015 12:12:57 PM| 2 Answers
The leader of the Mensheviks was
Weegy: Vladimir Lenin led the Bolsheviks and Julius Martov led [ the Mensheviks. ] User: What did the "October ...
9/1/2015 1:23:50 PM| 2 Answers
Weegy Stuff
S
Points 33 [Total 338]| Ratings 0| Comments 33| Invitations 0|Offline
S
Points 33 [Total 817]| Ratings 0| Comments 33| Invitations 0|Offline
S
1
L
L
P
R
Points 33 [Total 9356]| Ratings 0| Comments 33| Invitations 0|Offline
S
L
L
P
1
Points 27 [Total 9337]| Ratings 1| Comments 17| Invitations 0|Offline
S
Points 9 [Total 197]| Ratings 0| Comments 9| Invitations 0|Offline
S
Points 9 [Total 233]| Ratings 0| Comments 9| Invitations 0|Offline
S
Points 6 [Total 289]| Ratings 0| Comments 6| Invitations 0|Offline
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
S
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.