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President Calderón opted for using price ceilings for tortillas that protect local producers of corn. This price control came in the form of a "Tortilla Price Stabilization Pact" between the government and many of the main tortilla producing companies, including Grupo Maseca and Bimbo, to put a price ceiling at MXN 8.50 per kilogram of tortilla. [6]
A related government intervention to price floor, which is also a price control, is the price ceiling; it sets the maximum price that can legally be charged for a good or service, with a common example being rent control. A price ceiling is a price control, or limit, on how high a price is charged for a product, commodity, or service.
Software used: Federal Digital System, U. S. Government Publishing Office: Date and time of digitizing: 19:08, 24 January 2017: File change date and time
On the campaign trail, Trump proposed imposing blanket tariffs of 10% to 20% on virtually all imports. He also floated slapping tariffs higher than 200% on Mexican-made automobiles, explaining ...
A price ceiling is a government- or group-imposed price control, or limit, on how high a price is charged for a product, commodity, or service.Governments use price ceilings to protect consumers from conditions that could make commodities prohibitively expensive.
Walmart de Mexico said last week it plans to appeal the fine. The decision follows a related $4.6 million fine handed down by the regulators, known as the Federal Competition Commission, for ...
The Stabilization Act of 1942 (Pub. L. 77–729, 56 Stat. 765, enacted October 2, 1942), formally entitled "An Act to Amend the Emergency Price Control Act of 1942, to Aid in Preventing Inflation, and for Other Purposes," and sometimes referred to as the "Inflation Control Act", [1] was an act of Congress that amended the Emergency Price Control Act of 1942.
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