The U.S. government proposed a tariff against some Chinese textiles and clothing when the trade deficit with China reached $103 billion. Explain what the United States was trying to achieve through this action
What will be an ideal response?
Governments use tariffs on imported goods to give domestic competitors an advantage in the marketplace by making foreign competitors' goods more expensive than their own goods. By placing a tariff on certain items imported from China, the U.S. government was trying to provide U.S. consumers a financial incentive for buying products made within the United States.
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Early in 2015, Mathew is analyzing shares of Janeff Corp. He expects the following dividends per share (end of year). 2015 $1.00 2016 $1.25 2017 $1.50
He expects 2017 earnings per share to be $4.50 and Janeff's P/E ratio to be 20. His required rate of return for this stock is 12%. He should pay no more than A) $43.75 per share. B) $67.02 per share. C) $68.75 per share. D) $93.75 per share.
A variance is a special exemption to a zoning ordinance
Indicate whether the statement is true or false