Protectionist measures are enacted because they

Assignment Help Business Economics
Reference no: EM131107706

Protectionist measures are enacted because they:

A. allow countries to preserve culturally important ways of life at very low cost.

B. typically benefit a large number of people at a cost to only a very small number.

C. typically benefit a small number of people greatly and impose small costs on a large number of people.

D. make everyone in an economy better off. E. preserve a nation’s critical natural resources.

Reference no: EM131107706

Questions Cloud

How would you prevent this from happening : In any project, there is a possibility that bias will creep into either the research or the interpretation of data. How would you prevent this from happening, depending on the research method you are using? What are the possible roadblocks to reco..
Draw graph of the supply of and demand for euros : Draw a graph of the supply of and demand for euros (in terms of Swiss Francs). Diagram the effect of each of the following on the exchange rate (SF/Euro). Explain your reasoning. A rise in euro interest rates. Goods are more expensive in Switzerland ..
Compare and contrast the long run position of this firm : Compare and contrast the long run position of this firm ( Monopolistic Competition)  to that achieved in perfect competition. the effect of economic profit. the conditions of the two market structures.
Considered an export for bulgaria : Which of the following would be considered an export for Bulgaria?
Protectionist measures are enacted because they : Protectionist measures are enacted because they:
Identify contract provisions : Draft the Scope of Services. Finally, draft a "scope of services" for the contract. Assume that if there is no scope of services, the "White Stripes" will show up to Britt but won't do anything because the contract doesn't spell out exactly what..
Solutions to minimize the negative impacts : Discuss the anticipated impacts (both positive and negative) upon operating efficiencies, and recommend solutions to minimize the negative impacts. Discuss whether or not operating practices should be changed to accommodate the tune-ups.
What is usually used to pull historical and intraday data : Yahoo Finance is what's usually used to pull historical and intraday data for (Stocks). MyFXBook.com is what's usually used to pull historical and intraday data for (Currencies)
Tax proposals-same tax rate on income and capital gains : Review the candidates’ tax proposals: Which tax plan(s) is/are proportional taxes? Which plans are the most progressive? Which plans have the same tax rate on income and capital gains? Discuss what principles underlie each plan?

Reviews

Write a Review

Business Economics Questions & Answers

  Define the social planner problem

Define the Social Planner Problem. Solve the Social Planner Problem. This is, find the Euler equation in terms of exogenous variables and the only endogenous variable k2. Define the tax distorted competitive equilibrium of this economy. Solve the rep..

  What is the principal remaining-nominal compounded monthly

What is the principal remaining after 15 monthly payments have been made on a $23,000 four-year loan? The annual interest rate is 12% nominal compounded monthly. Please show all steps.

  Discuss the effect of the tariff on the number of imports

The U.S. faces the world price, and domestic suppliers sell as many. Discuss the effect of the tariff on the number of imports.

  The impact of a budget deficit

The impact of a budget deficit is: State and local governments issue ____ bonds that offer tax advantages, so they typically have _____ interest rates than bonds issued by the federal government and corporations.

  Introduced there is downward pressure on price

Because when a patent ends and generic drugs are introduced there is downward pressure on price, the makers of the brand name drug will:

  What wholesale price maximizes the manufacturer profits

Suppose a manufacturer produces a product that it sells to retailers who sell it to consumers. Consumer demand for the product is given by inverse demand curve: P = 100 – Q. The marginal cost of production for the manufacturer is 20.

  Verbal discussions with somebody and contract was created

You had verbal discussions with somebody and a contract was created. Everything was placed in writing at the time, but you have now realized that there is a mistake in the written contract. Can the discussions you had with the other party be brought ..

  Production possibility frontier for simple two-good

Consider the production possibility frontier for a simple two-good (closed) economy. Quantities of good x produced are plotted on the horizontal axis. Quantities of good y produced are plotted on the vertical axis. Suppose that the production of both..

  What is the break-even price and shut-down price

The accompanying table shows a boat manufacturer’s total cost of producing boats. Quantity of Boats Total Cost 0 $ 450,000 1 $ 490,000 2 $ 510,000 3 $ 520,000 4 $ 540,000 5 $ 570,000 6 $ 610,000 7 $ 670,000 8 $ 750,000 9 $ 870,000 1.  What is the bre..

  What is an incidental cartel

The NCAA has often been called an “incidental cartel. ”What is an “incidental cartel?”How has the NCAA exercised its cartel power? Give two distinct examples.

  The labor market and the final product market

Since a firm that is a perfect competitor in both the labor market and the final product market has hired the optimal amount of labor where the value of marginal product equals the wage, if the price of the product the firm sells doubles, will the wa..

  Number of contemporary technologies to enhance services

We use a number of contemporary technologies to enhance services that we provide for our customers. One such technology known as ____________ allows us to observationally track products and services in transport.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd