Answer the questions

Anonymous
timer Asked: Mar 3rd, 2019
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Question Description

Reread the management Focus “Protecting U.S. Magnesium” (see the attachment ) and answer the following questions from 1to 3?

  1. Who gains the most and from antidumping duties levied by the USA on imports of magnesium from China and Russia? How?
  2. Who are the losers? Please explain the reason for your assertions.
  3. Are these duties in the best national interest of the USA? Give proper logic in support of your answer.There is no wrong or right answer here, but you must use at least three references to support your arguments (references can be scientific journals, industry reports, industry-related magazines, leading newspaper articles, etc…).After completion of Assignment-2 students will able to
    • Discuss the reasons for and methods of governments’ intervention in trade
    • Identify and evaluate the significant trade agreements affecting global commerce
    Assignment Regulation:
    • use their own word.
    • Student must apply “Times New Roman Style” with 1.5 space within their reports.
    • A mark of zero will be given for any submission that includes copying from other resource without referencing it.
    • If the assignment shows more than 25% plagiarism, the students would be graded zero.
    • You must include reference page at the end of the assignment and properly reference any sources used in your answer using APA-style references

in the separate page answer this question: (What are the implications of all this for business practice? Why should the international manager care about the political economy of free trade or about the relative merits of arguments for free trade and protectionism? There are two answers to this question. The first concerns the impact of trade barriers on a firm's strategy. The second concerns the role that business firms can play in promoting free trade or trade barriers.

Tutor Answer

MercyK254
School: New York University

Attached.

Running head: PROTECTING U.S. MAGNESIUM

Protecting U.S. Magnesium
Student’s Name
Professor’s Name
Course Title
Date

1

PROTECTING U.S. MAGNESIUM

2

Protecting U.S. Magnesium
The U.S. magnesium manufacturers and their employees are the primary beneficiaries of the
country's anti-dumping duties levied on Russian and Chinese magnesium imports. The Chinese and
Russian producers sold magnesium below the market value before the ITC ruled in favor of the U.S.
Magnesium. The two competitors intentionally used the price tactic to drive off the sole American
producer of magnesium out of business (Mastel, 2016). Therefore, the antidumping duty protects the
local producer from unfavorable foreign competition. U.S. magnesium reaps from monopolizing
production, raises prices which leads to substantial profits. As a result, the 400 local employees
benefits through increased wages rates.
American consumers of magnesium, China and Russia are the losers of the antidumpi...

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Review

Anonymous
awesome work thanks

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