Suppose, to produce $200,000 worth of finished cloth in the us, textile producers import $150,000 of raw materials. the raw materials are imported duty free. however, the us has imposed a 5% nominal tariff on imports of finished cloth. what is the effective rate of protection enjoyed by the domestic cloth producers in the us?
a. 20%
b. 10%
c. 10%
d. 5%

What factors excluding price affect demand

Leon and sara are arguing over when the best time is to degrease soup. leon says that it's easiest to degrease soup when it's boiling. sara says it's easiest to degrease soup when it's cold. who is correct? a. neither leon nor sara is correct. b. leon is correct. c. both leon and sara are correct. d. sara is correct. student b   incorrect which following answer correct?

There is a small, family-owned store that sells food and household goods in a small town. the owners have good relations with the community, especially with local farmers who supply much of the food. the farmers aren't organized into a cooperative or union, and the store deals with each individually. suppose the store wanted to buy some farms to control the supply of certain vegetables. how would you classify this strategic move? select one: a. horizontal integration b. forward integration c. backward integration d. concentric integration