Assignment:
Comprehensive learning Assessment -
(a) Using a demand/supply diagram, illustrate and explain the effects of the imposition of an export tax on a good Y by a home country's government on (i) the home country's consumers of Y, (ii) the home country's producers of Y, and (iii) the home government's tax revenues. (Assume that the country is a "small" country.) Then evaluate the "net welfare effect" of the tax on the country. Why might a country want to impose an export tax? Explain.
(b) Suppose now that the country imposing the export tax in part (a) of this question is a "large" country rather than a "small" country. Is it an advantage or a disadvantage for a country to be "large" rather than "small" when it imposes an export tax? Explain.
Important: Please ensure that you insert your citation for the article as your reference in your discussion post. Depending on which electronic database you use, you should see a "Cite" selection for your article. In addition, there should be a variety of articles summarized and as such, students should have different articles summarized. Your summary MUST include ALL of the following (include every item in the bullet list below, or you will not receive full credit):
Clearly state what the article is about and its purpose
• How the article and/or author(s) support your argument(s)
• Most important aspects of the article
• Any findings and conclusions
• Include the article "Abstract" in your posting (your summary should be original)
• Include the industry example demonstrating the application of your researched article
• "IMPORTANT" - Include the citation for the article
•NOless than 4 pages.