MGT 321 SEU Components of International Business MGT NAFTAs Tomato Wars Case Study

Read the attached PDF, “NAFTA’s Tomato Wars,” and answer the following questions:

Assignment Question(s):

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.

Assignment Regulation:

• All students are encouraged to use their own word
• Citing of references is also necessary.
• TheAssignment must be submitted on Blackboard (WORD format only) viaallocated folder.
• Studentsare advised to make their work clear and well presented, marks may be reducedfor poor presentation. This includes filling your information on the coverpage.
• All answered must be typed using Times New Roman (size 12,double-spaced) font. No pictures containing text will be accepted and willbe considered plagiarism).
• Avoid plagiarism, the work should be in your own words, copyingfrom students or other resources without proper referencing will result in ZEROmarks. No exceptions.
• Studentsmust mention question number clearly in their answer.