Based off of these choices, which of the following are facts about the U.S. economy? Select all that apply.

Q: Pertaining to the information given above, Ghana's parliament is debating how to undertake ISI. The…

A: A quota is a trade restriction put in place by the government that restricts how many or how much…

Q: Because this country exports steel, the world price is represented by Suppose that a "pro-trade"…

A: Consumer surplus measure of the benefit consumer receive when they pay a price for a good or service…

Q: Please look  at the images and pick from the answer choices I have provided (bold choices).  The…

A: The international trade would result in the exchange of the goods between one or more countries…

Q: Time it takes to produce one car (hours) Time it takes to produce one Laptop (hours) Canada 3,500.00…

A: In oder to know which country will export which goods. Requires comparative advantage analysis.…

Q: Which of the following best explains how subsidies work as a trade restriction? A)They increase…

A: Economist argues that the world resources are optimally utilized under free trade because under free…

Q: You work for a Nova Scotia Company trying to successfully enter the cranberry market in Australia.…

A: The study and investigation of economic data and patterns is known as economic analysis, and it is…

Q: Recent economic reports suggest that the U.S. economy is operating its resources efficiently. This…

A: The central problem of economics is the scarcity of resources. The unlimited wants and the limited…

Q: a) What is a tariff ? Does a tariff have a result from an import quota? b) Suppose a tariff allowed…

A: Hey, Thank you for the question. According to our policy we can only answer 1 question per session.…

Q: In the United States, about 6 million manufacturing jobs disappeared in the first decade of the 21st…

A: Import and export restrictions are not present in a free trade system. A free trade agreement is a…

Q: What difficulties has Russia encountered in its move from a command economy to a market economy?

A: Before the 1990s the Russian economy was operated as a command economy where all the means of…

Q: China 4,800 Which good will China export and which good will Canada export? Canada will export…

A: Opportunity cost measures the trade off between two goods.

Q: What would a country profile for Columbia include, specifically looking at: Size, Climate,…

A: South America's economy encompasses farming, mineral extraction, and producing goods, and services.…

Q: The graph depicts the market for oil, with the assumption that the United States can import any…

A: Consider the following figure:

Q: explain how understanding the trade-offs that exist in life can completely change how you view the…

A: A trade-off is a decision where you have to choose between two or more options, and by choosing one…

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: Often there are trade-offs or sacrifices people must make in deciding what is important to them.…

A: catastrophic effects of global warming Rising temperatures, droughts, and bug outbreaks are all…

Q: Suppose that in response to huge job losses in the U.S. textile industry, Congress imposes a 100…

A: Import refers to the receiving of goods and services from another country. Here, US imposes a 100…

Q: You are the assistant to the CEO of a small textile firm that manufactures quality, premium-priced,…

A: The investigation as well as the evaluation of international economic, commercial, and financial…

Q: a)Identify an example of absolute advantage relative to the United States from your data tables. Be…

A: (a) The U.S take a shorter time to produce the products like corn, citrus, apparel, and computer…

Q: Who are the winners and losers of the free trade between two countries? Can free trade between the…

A: Comparative AdvantageComparative advantage refers to the principle that suggests countries should…

Q: The advantage enjoyed by one country over another, when it has a lower opportunity cost in producing…

A: If country A is able to produce more amount of good X than country B with the same level of…

Q: suppose the United States has serious economic problems. How would this most likely affect the world…

A: Economy is the term that is used to explain the economic position and other economic factor of the…

Q: What economic theory suggests that countries should specialize in the production of goods and…

A: The problem is to find the particular economic theory that believes through the countries producing…

Q: We are supposed to create a PPF with manufactured goods on the y axis and agricultural goods on the…

A: The production possibility frontier of an economy is a model that illustrates the total output that…

Q: How could agreements between Mexico and western states of the United States best be improved? They…

A: There have been agreement made between Mexico and united states . There are several disputes also…

Q: What are the business advantages and disadvantages of Japan?

A: The question is asking about the pros and cons of doing business in Japan. This involves…

Q: It is often asserted that the United States no longer manufactures anything, and that instead it…

A: United States no longer manufactures anything Manufacturing in the United States is a vital sector.…

Q: Suppose the Italian government imposes a tariff on imported lumber products. The effect this tariff…

A: Import: An import is a nation that receives an export from the nation that sends it. The most…

Q: What is the term for a situation in which a country can produce a good at a lower opportunity cost…

A: In international financial aspects, there are key ideas that assist with explaining why nations…

Q: Please explain how the school of thought (liberal) could improve the current state of economics in…

A: Liberalization refers to the situation where the economy has fewer government regulations and…

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

A: Oil is one of the widely used natural resources because of its multiple uses, such as in cooking,…

Q: to explain what diplomacy between countries is and how it works.

A: Diplomacy is skills that are used to manage a relationship between the countries, it helps them to…