1. Farm products, grown mostly for export to other parts of the world are known as OA. Agriculture OB. cash crops OC. imports D. gems
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A: Since you have asked a multiple question, we will solve the first part for you. If you want any…
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Q: The table below represents the quantity of rice demanded for selected countries. Quantity of Rice…
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A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…
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A: When we are talking about international trade, that means there will be import and export of goods…
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A: Imports can be defined as goods that are purchased by a country from another where it has been…
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A: Quantity demanded is the total quantity that the consumer is ready to purchase at different prices.
Q: ention two possible situations when dealing with exports and imports.
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A: An import of goods and services refers to the purchase of goods and services that is produced from…
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A: Importing refers to consumption of goods or services which are not produced within the domestic…
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A: The total surplus(TS) of an economy is the addition of consumer surplus (CS) and producer surplus…
Q: 1. If the government limits the number of imports to 100 units of good A, calculate the new price.…
A: Answer -
Q: That is correct! Ма Market: Trade and Tariff World Price plus Tariff Наpрy Economics Contact Lens…
A: A tariff is a tax imposed by a government of a country on imports or exports of goods.
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A: Export jobs refers to employment in multinational corporations' Industrial units, usually located in…
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A: Tariffs and quotas are economic measures that allow a government to limit the amount of services or…
Q: 7. A high tariff on imported good X might reduce domestic employment in industry Y if A. X is an…
A: Tariffs are taxes imposed on the imports of commodities and services from different countries. The…
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A: Nominal exchange rate shows how much unit of one currency is to be paid for one unit of other…
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