Import restrictions on a product protect domestic industries

Assignment Help Business Economics

Reference no: EM131392174

Import restrictions on a product protect domestic industries by: A.increasing the imports of the good, and lowering the price. B.increasing the imports of the good, and raising the price. C.decreasing the imports of the good, and lowering the price. D.decreasing the imports of the good, and raising the price.

Reference no: EM131392174

Questions Cloud

Gordon highlights in terms of productivity : What do Gordon and Golden mean by the” great compression”? When did it occur? Has it continued? Can you give a reason for both events? What are the implications that Gordon highlights in terms of productivity?

New government spending increases lifespans : Suppose that new government spending increases lifespans. In our model, what should be the effect of this on hours worked per person in a given time period? Does it matter whether government spending adds extra years to the lifespan of living adults ..

Current events research on ethical missteps : International Current Events Research on Ethical Missteps or Social Responsibility

What is matching efficiency technology : Why are revisions such as levying special tariffs and quotas on Mexican goods, and taxes on goods produced by U.S. companies in Mexico unfavorable to Mexico? What is the fallacy behind Trump’s pledge to bring manufacturing jobs back home from Asia? w..

Import restrictions on a product protect domestic industries : Import restrictions on a product protect domestic industries by

Example of a practical constraint on trade : Which of the following statements is an example of a practical constraint on trade?

Calculate and graph the effects of an import subsidy : A small nation is unable to affect world price. It imports peanuts at the price of $10 per bag. The deman curve is D=400-10P and the supply curve is S=50+5 P. Calculate and graph the effects of an import subsidy of $4 pe unit.

Use an indifference curve-budget constraint diagram : Consider a consumer that consumes only two goods, clothing and food. For this consumer, clothing is a normal good and Food is an inferior good. Please use an indifference curve-budget constraint diagram to draw the consumer decision in the initial si..

Subsideis each cause net welware losses : If tariffs, quotas, and subsideis each cause net welware losses, why are they so common, especially in agriculture among industrialized countries such as the United States and the European Union?

User Account

All Pages