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Economic Geography Take Home Study Guide

1897 Words8 Pages

Blue Rybo-LoPresti
Mahidol University International College u5980504 December 3rd, 2017

Economic Geography Take Home Final

Q1: Discuss some of the variations related to the gender based contributions to the economy found within two different regions. How do these affect business practices?

Gender based differences in the economy vary from country to country. Traditionally, men have played the center role of most domestic as well as the world economy. However, in recent years more and more women are joining the workforce in all types of industries. This is seen as a good thing for nations. As more women work, the economy grows. Women in the workforce is also correlated with decreasing infant mortality rates. While most countries agree that …show more content…

Tariffs are taxes placed on imported goods. An effect of this is that it increases the price of those goods on the domestic market. The tax money goes to the government whom benefits off of the tariff revenue. Since tariffs increase the price of the goods, less of the good is produced, and consumers pay higher prices. The graph below shows the effect of a tariff on a supply curve. Lines S0 and D0 show the supply demand curve before tariffs. Line St shows the supply curve with a tariff imposed.

Quotas are quantifiable limits placed on imported goods by the government. This type of trade restriction usually involves limiting the number of imported goods for a certain period of time. The consumer's end up paying more, and the producers benefit by selling at a higher price.
Countries often use quotas to help their allies and hinder their enemies. An example of this is the sugar quota in the United states. The US puts quotas on cuban imported sugar so that their ally the Philippines can sell more sugar to the US.
In addition, tariffs and quotas are used to protect a wide variety of industries around the world. For example, a country might want to impose tariffs and quotas on certain good such as agriculture and fishing industries to protect their domestic industry and the workers who make a living of of producing such goods. This in turn can save many jobs and prevent unemployment rates from

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Through this, society was shown the capability of women and their desire to succeed. As society has changed, women in the workforce have changed as well. Women are now seen in a lot more key positions, but not as much as

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For example, If Dubai wants to protect their cane sugars, but the protection of the cane sugars would generate a huge loss concerning a drop in cane sugar consumption. It is going to be cheaper to pay the workers who cannot move to another place pension than to protect their jobs to keep them from unemployment. "Protectionism of this sort is a trap that decreases the overall value to all citizens as it tries to help a few of them" (CPE, 59). What the main reason of Dubai import cane sugars from Brazil is not because of the taste, it is because Brazil has a

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The aim of the protective tariffs was that the American market obtaining manufacture products were profitable. This was encourage of an industrial revolution after the Civil War and by putting import tax on manufacture goods that were imported in the United States

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The tariff reduced import fees and was a landmark in tax legislation, and due to the 16th amendment, there was a graduated income tax, so the revenue from taxes made up for the lost tariff

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He believes that country

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Gender roles have changed exceptionally over time. For example, women used to be expected to stay at home and raise their families while the men worked. Nowadays, however, most women work alongside men in the exact same positions. Nonetheless, gender roles have not changed in the aspect that men still get payed a significant amount more than women in the same

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They effect governments, producers and customers. And as explained above, when the government put Tariff on the non-Tasmanian products, that will raises the prices for both Tasmanian and Non-Tasmanian timber products. This benefits domestic producers by increasing producer excess, but domestic consumers see the Tariff as a loss for them. On the other hand, and since the tariff acts as a tax, the Australian government gains some revenue from the foreign countries. In this case, the only party who may suffer from imposing a tariff is the domestic customers.

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Tariffs are taxes put on foreign products to protect and promote domestic businesses. There have been a countless amount of tariffs debated between the North and South pre-Civil War. There have also been numerous tariffs that have been passed, as well as repealed prior to the Civil War. One tariff that caused problems between the North and the South was the Tariff of 1828, later given the name of the Tariff of Abominations. “The tariff sought to protect northern and western agricultural products from competition with foreign imports; however, the resulting tax on foreign goods would raise the cost of living in the South” (“Tariff of Abominations”).

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The purpose of this document is to show that women are helping in duties outside the household. This is important because this was unconventional at the time. Additonally, there is a chart that shows that there was a significant increase in jobs held by women in professional fields such as clerical, professional, service, and sales workers which shows that women were climbing up the ladder in terms of jobs. This increase in women in the workforce is further confirmed with the drop in jobs such as household, factory, and farm workers (Doc 3B). Women are now taking on more professional jobs that were typically for men and that alone is a significant change.

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For example, the Fordney-McCumber Tariffs Act was enforced by the U.S department of state to protect businesses in the U.S. According to the Department of State, claims, “The Fordney-McCumber Tariffs Arc raised tariffs above the level set in 1913; it also authorized the president to raise and lower a given tariff rate by 50% to even out foreign and domestic production costs.” This presents the purpose of the enforcement of the Fordney-McCumber Tariffs Act. Another incident that was the cause of tariffs was a decline in every economic value in America, According to the article, Tax foundation, it states, “Historical evidence shows tariffs raise prices and reduce available quantities of good and services for U.S businesses and consumers, which resulted in lower income, reduced employment, and lower economic output.” Also, the Smoot-Hawley Tariff Act worsened the economic problems the U.S was already facing.

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These regulations were put in place to preserve domestic trade in products and currency. Making the United States self-sufficient and preventing other countries from utilizing its resources were the objectives. Protectionism persisted throughout the 20th century, but as the nation got increasingly involved in world events, it eventually started to fade. According to the economic theory of mercantilism, trade barriers should be put in place to limit imports because exports boost a country's wealth.

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How to Build a Fire Are you willing to risk your life just for a visit? Well this Yukon newcomer just happened to pick the wrong day to go on his 9 hour journey to visit his friends. He got hypothermia, frostbite, numbness in his fingers, and a crystal beard to emphasize the coldness. “It was seventy-five below” as said on the sixth paragraph and the fifth sentence and the freezing point is 32 above zero, that means one hundred and seven degrees of frost obtained. I think that Jack London kept reminding us how cold it was to emphasize it and to show what nature was putting him through by torturing him.

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The tariff, in this case, is being placed on steel and aluminum in America by President Donald Trump. Due to the tariff, the domestic production of steel will increase from Q1 to Q2. This will, in turn, result in an increase in the price of steel from P1 to P2. Therefore, the tariff will reduce the shortage in the market for steel from Q1 supply/Q4 demand to the Q2 supply/Q3 demand, increasing the price for both domestic producers and consumers. From Q4 to Q3 domestic producers are importing less from America thus decreasing the demand, and from Q2 to QE producers are supplying more, bringing economic growth.

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The nature of services and goods that stream from industrialized countries to developing countries can have fast and substantial undesirable effects on their values. For example, certain movies and / or music from a country such as the United States of America cannot be sold in their original form, and / or at times not at all, in some other countries where religion, culture or values are prioritized due to the possibility of the changes and effects in behavior and / or mentality that they may stimulate. Another of the drawbacks of international trade is that the safety of the individuals in countries that manufacture goods and provides services is at times ignored for the sake of income. Those incomes commonly benefit only a marginal sector, and that marginal sector might not even be citizens of the country that they are abusing.

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It is proven that gender does contribute to a difference in wages in society and there for another cause of wealth inequality. The U.N. has found that gender discrimination is still a significant factor in holding many women and children around the world in poverty. In many countries, there is a gender income gap in the labor market. For example, in America, statistics show that “The median full-time salary for women is 78 percent of that of men”; despite the fact women make up half the workforce. One of the reasons women earn less income/money in their lifetime is usually because they are single mums and/or have more people/family to support on their

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