The tariff on Japanese cars will likely have a effect on...

The tariff on Japanese cars will likely have a ____ effect on US auto producers. The tariff on American cars by japan will have a ____ effect on US auto producers. The net effect of these policies together for the US auto producers would be ____

Transcript

00:01 Consider what will happen in the tariff of $2 ,000 were imposed on imported automobiles.

00:14 So we are to show the impact of these tariffs on the supply and demand.

00:18 So i'm going to draw a graph and on the equilibrium price and quantity of american automobiles.

00:24 I want to explain why american auto companies and auto workers often support imports restrictions restraints on automobiles so i'm going to start with the first part which is to show the impact of these tariffs on the supply and demand so we're giving a scenario of $2 ,000 on imported also mobile tariff so with this inclusion of the tariffs the price expected to go high by 2000 and i'm going to be showing that in a graph so the graph of that she looked like this so this would be q quantitative and this would be p price so you have lines like this so this is point s and this should be point s one so okay let me just join in a straight line so that was easy to understand so we have one we have two three four five six and we have seven so basically starting with the first one this is s and the s joins at this point somewhere around here so this joins together and also at the end of this so this would go to this point and also this point so this is point s now for s1 they should look like this and this is s1 so we're going to join the points together just like this and this is the $2 ,000 right here and then moving on to points to d so that should look like this now this is point d and this joins right here next line then it joins right here and the next line it joins right here and the next line right here and right here so this is point d and then we trace all the lines together just like that and then the point where he joined both line is equilibrium so that's e and then this is e1 so now that we have done the graph we can see what it looks like this is a scenario of $2 ,000 in portaido to mobile's and the inclusion of a tariff the price is expected to go high by $2 ,000 as we can see in the graph and obviously this will ship the supply call from s to s1 so we have from the graph we have a $2 ,000 imported automobile and with the tax tariffs price is expected to go high by $2 ,000 from the graph and then the supply curve will move from we shift from s to s1 so because of that with the shift in the supply the equilibrium is at higher point...

Question

The tariff on Japanese cars will likely have a effect on US auto producers. The tariff on American cars by japan will have a effect on US auto producers. The net effect of these policies together for the US auto producers would be

Question

The tariff on Japanese cars will likely have a ____ effect on US auto producers. The tariff on American cars by japan will have a ____ effect on US auto producers. The net effect of these policies together for the US auto producers would be ____

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The tariff on Japanese cars will likely have a effect on US auto producers. The tariff on American cars by japan will have a effect on US auto producers. The net effect of these policies together for the US auto producers would be