International Business Critical thinking

International Business Critical thinking

  1. Was the establishment of a minimum floor price for tomatoes consistent with the free trade principles enshrined in the NAFTA agreement?
  2. Why, despite the establishment of a minimum floor price, have imports from Mexico grown over the years?
  3. Who benefits from the importation of tomatoes grown in Mexico? Who suffers?
  4. Do you think that Mexican producers were dumping tomatoes in the United States?
  5. Was the Commerce Department right to establish a new minimum floor price rather than scrap the agreement and file an antidumping suit? Who would have benefited from an antidumping suit against Mexican tomato producers? Who would have suffered?
  6. What do you think will be the impact of the new higher floor price? Who benefits from the higher floor price? Who suffers?
  7. What do you think is the optimal government policy response here? Explain your answer.

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Here are some requirements:

Assignment Regulation:

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  • All students are encouraged to use their own word.
  • (WORD format only) via allocated folder.
  • Students must mention question number clearly in their answer.
  • Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
  • All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).
  • Citing of references is also necessary.