Category Archives: Economy
Shoppers looking to get the lowest price on a specific item should download a price-comparison app such as PriceBlink, which will help them get the most savings and alert them to any available coupons or discounts. It’s also worth remembering that Target and Walmart will both match competitor prices, though Walmart ended its Savings Catcher price-match tool earlier this year. Amazon, on the other hand, does not have a price-matching policy. Continue reading
Import Quotas are a “non-tariff trade barrier”
used to limit imports of particular products.
By limiting imports these quotas
can be used to stabilize the US price above the world price for the protected
products. Continue reading
We learned that the sugar import quota system operated to raise the price of sugar in the US to be about two times higher than the world price. US sugar producers gain from this program while US consumers of sugar (i.e.Coca Cola, Hersheys) are made worse off by the program. Continue reading