1) https://openstax.org/books/principles-macroeconomics-2e/pages/21-1-protectionism-an-indirect-subsidy-from-consumers-to-producers 2) https://openstax.org/books/principles-macroeconomics-2e/pages/21-2-international-trade-and-its-effects-on-jobs-wages-and-working-conditions 3) https://openstax.org/books/principles-macroeconomics-2e/pages/21-3-arguments-in-support-of-restricting-imports 4) https://openstax.org/books/principles-macroeconomics-2e/pages/21-4-how-governments-enact-trade-policy-globally-regionally-and-nationally 5) https://openstax.org/books/principles-macroeconomics-2e/pages/21-5-the-tradeoffs-of-trade-policy I need a short summary for these articles, please.

Q: The world price is still $2 and there is still free international trade with no government…

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Q: Macroland produces dishes and glassware. Before trade, a set of dishes sells for $100 and a set of…

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Q: The following graph shows the domestic demand for and supply of oranges in Guatemala. The world…

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Q: Which country is an importing country? (How do I figure this out?) How much is the amount of import?…

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Q: i need help please

A: Since, you have asked more than one question, we will be answering the first one for you. If you…

Q: The book states “The pain caused by the movement toward a free trade regime is a short-term…

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Q: Imagine that you work for the World Bank and you have been called to Ghana to aid the new president…

A: Ghana is a developing country, tries to shift from the agriculture sector to the manufacturing…

Q: If the world price of a good is lower than its domestic equilibrium price, the country will:

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Q: If Honduras is open to international trade in oranges without any restrictions, it will import…

A: Domestic demand and supply refer to the quantity of goods and services that consumers and producers…

Q: Define the differences between the classical, country-based trade theories and the modern,…

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Q: How do "comparative advantage" and "absolute advantage" influence international trade patterns, and…

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Q: According to researcher Richard Vedder, only 21 cents of every added dollar that universities have…

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Q: Modify Figure 10.10 to show how much would be sold in both sectors in the absence of anti-price…

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Q: Various international crises and issues periodically raise the price of oil imports, which can send…

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Q: Which of the following is true of foreign trade zones? These are areas that are physically outside…

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Q: After reading the article, Amadeo, K. & Boyle. M (May 18th, 2021). International trade: Pros, cons,…

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Q: 1)…

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Q: 3.25 1.75 89 there's a price-gouging law in effect preventing gas stations from raising prices, then…

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Q: Which of the below statements does NOT reflect the ideas expressed by the author Charles Wheelan in…

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Q: Demand Supply 100 90 Triangle 80 70 60 Polygon 50 40 30 20 10 Price of Steel (Dollars per ton)

A: . Export subsidy is a government policy that encourages the export of commodities while discouraging…

Protective Tariffs

A tariff is a kind of tax that is charged on exported and imported items. It means tariff is charged on both kinds of goods i.e., exported and imported. However, some goods may be exempted from this kind of tariff. Protective Tariffs refer to the charges which a country charged on imported goods to protect its domestic market. It also protects countries Industrialists in their Production. So, that their markets remain intact and do not get dumped by outside supply.