Suppose there is a policy debate regarding the United States' imposing trade restrictions on imported tires:

A political pundit explains that it is necessary to impose trade restrictions, such as a tariff, on the tire industry to protect workers in the domestic tire industry. The pundit claims that without trade protection, there will be layoffs, causing many U. S. workers in the tire industry to be unemployed.

Which of the following justifications is the pundit using to argue for the trade restriction on tires?

(A) Using-protection-as-a-bargaining-ch ip argument
(B) Infant-industry argument
(C) Unfair-competition argument
(D) Jobs argument
(E) National-security argument

Which result is a positive aspect of globalization?

Sunset foods relies on a highly centralized functional structure to ensure consistency in the quality and taste of its products and to drive down costs via process innovations. however, as a consequence of its highly compartmentalized structure, the firm has found it difficult to transfer information and ideas from one department to the next. with the launch of its new line of breakfast foods coming up, how can sunset improve its ability to collaborate without sacrificing the benefits of its current structure

Total marketing effort is a term used to describe the critical decision factors that affect demand: price, advertising, distribution, and product quality. define the variable x to represent total marketing effort. a typical model that is used to predict demand as a function of total marketing effort is based on the power function: d = axb suppose that a is a positive number. different model forms result from varying the constant b. sketch the graphs of this model for b = 0, b = 1, 0< b< 1, b< 0, and b> 1. (we encourage you to use excel to do this.) what does each model tell you about the relationship between demand and marketing effort? what assumptions are implied? are they reasonable? how would you go about selecting the appropriate model?