What effect would this regulation have upon Hershey and upon the local and global economy?

Chile has recently proposed amendments to its Food Health Regulations. The new regulations would require “STOP” sign labels on junk food to alert the consumer to stop and think before consuming the unhealthy food. Hershey’s is a US producer of many different junk food products, and has been exporting these goods regularly to Chile. Discuss the reasons why Chile’s proposal to require “STOP” signs on junk food would be a topic for consideration by the WTO. Would it make a difference if Chile required the “STOP” sign warnings only on imported junk food and did not have the same requirements for junk food that was produced in Chile? What effect would this regulation have upon Hershey and upon the local and global economy?

2.Caterpillar, Inc. is a leading US manufacturer of tractors. While they sell many tractors in the United States, they also are a leading exporter to destinations all around the world. Like many manufacturers, Caterpillar uses imported components in their final product, and they rely upon imported steel to keep the cost of their final product competitive. Recently, a US steel producer association has been lobbying for a higher tariff on imported steel rods. Discuss the 3 major effects that a higher tariff on imported steel will have upon Caterpillar’s business as well as the local and global economy.

3.After unprecedented growth in the United States over the past ten years, Alex and Ani, a US jewelry manufacturer, has begun to expand its global retail sales efforts. Alex and Ani has opened retail stores in Japan, the EU and in several Caribbean islands. Sales have been strong in these countries, and they may be considering further expansion efforts into Africa, with Morocco being a key target market for their charm bracelets. Most of Alex and Ani’s jewelry is created using recycled metal material, and the costs of production are quite low as a result. The charm bracelets are sold in the US and Europe for $28-$38 each while the cost to manufacture the bracelets is closer to $5.00 each. While this is considered a reasonable price in the US and Europe, the market in Morocco may not sustain this pricing structure and may lead Alex and Ani to consider lowering the final price of their bracelets in markets such as Morocco. Why should Alex and Ani be concerned about lowering prices to accommodate markets in Morocco? Explain your answer completely, providing any recommendations you may have and any insight you have regarding the effects upon Alex and Ani and the global and local economy.

4.Founded in 1937, Westland Milk Products in New Zealand is a leading independent co-operative dairy company, owned by over 425 farmer shareholders that supply milk for processing. In the video we watched, it was evident that Westland had started as a small independent dairy farm and has grown into a significant competitor within that industry. Most significantly, Westland has expanded their product offerings from simple dairy products to include nutritional supplements made from dairy processing.

Discuss the sources of comparative advantage that would have led to the original success of the Westland Milk Products company. How did sources of comparative change over time and how did that likely influence the plans for Westland’s production?

Suppose the New Zealand government created a policy that would give tax incentives to exporters of infant and toddler nutritional dairy products (which Westland currently produces for their domestic customers). What concerns would Westland need to discuss before deciding to take advantage of this government subsidy? Explain your answer fully, providing any recommendations you may have regarding the effects upon Westland and the local and global economies.

Homework Market
Calculate your paper price
Pages (550 words)
Approximate price: -

Why Homework Market


Quality Researched Papers

We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.

Homework Market

Qualified Writers

We have hired a team of professional writers experienced in academic and business writing. Most of them are native speakers and PhD holders able to take care of any assignment you need help with.


Unlimited Revision

If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account.


Timely Delivery

All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. We will always strive to deliver on time.


Original & Confidential

We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text.


Customer Support 24/7

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

Calculate the price of your order

Total price:

How it works?

Follow these simple steps to get your paper done

Homework Market

Place your order

Fill in the order form and provide all details of your assignment.

Homework Market

Proceed with the payment

Choose the payment system that suits you most.

Homework Market

Receive the final file

Once your paper is ready, we will email it to you.

Homework Market Writing Services

No need to work on essay at night. Sleep tight, we will cover your back. We offer all kinds of essay writing services.

HomeworkMarket HomeworkMrket


Essay Writing Services

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.

HomeworkMarket HomeworkMarket


Admission Essays

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.

HomeworkMarket HomeworkMarket


Essay Editing

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.

HomeworkMarket HomeworkMarket

Research Paper

Research Paper

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied.