cate whether each outcome in the following table is or is not an objective of economic sanctions. Not an Objective O O O O atcome mpensation for property expropriated by foreign governments otection against unfair trade eduction of nuclear proliferation. atidumping protection Objective O O O O -990, Western countries imposed economic sanctions on Iraq with the goal of terminating Iraq's military takeover of Kuwait. Prior to the nd equipment were exported internationally by Iraq. The following graph shows Iraq's production possibilities frontier (PPF) before the imposed. the PPF curve on the following graph to show the effects of the imposed economic sanctions on Iraq's production possibilities frontier. e: Select either end of the curve on the graph to make the endpoints appear. Then drag one or both endpoints to the desired position. R into position, so if you try to move a point and it snaps back to its original position, just drag it a little farther.
cate whether each outcome in the following table is or is not an objective of economic sanctions. Not an Objective O O O O atcome mpensation for property expropriated by foreign governments otection against unfair trade eduction of nuclear proliferation. atidumping protection Objective O O O O -990, Western countries imposed economic sanctions on Iraq with the goal of terminating Iraq's military takeover of Kuwait. Prior to the nd equipment were exported internationally by Iraq. The following graph shows Iraq's production possibilities frontier (PPF) before the imposed. the PPF curve on the following graph to show the effects of the imposed economic sanctions on Iraq's production possibilities frontier. e: Select either end of the curve on the graph to make the endpoints appear. Then drag one or both endpoints to the desired position. R into position, so if you try to move a point and it snaps back to its original position, just drag it a little farther.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question

Transcribed Image Text:5. Economic sanctions
Indicate whether each outcome in the following table is or is not an objective of economic sanctions.
Not an Objective
O
O
O
O
Outcome
Compensation for property expropriated by foreign governments
Protection against unfair trade
Reduction of nuclear proliferation
Antidumping protection
In 1990, Western countries imposed economic sanctions on Iraq with the goal of terminating Iraq's military takeover of Kuwait. Prior to the sanctions,
oil and equipment were exported internationally by Iraq. The following graph shows Iraq's production possibilities frontier (PPF) before the sanctions
were imposed.
300
OIL (Barrels)
88888888
Drag the PPF curve on the following graph to show the effects of the imposed economic sanctions on Iraq's production possibilities frontier.
Note: Select either end of the curve on the graph to make the endpoints appear. Then drag one or both endpoints to the desired position. Points will
snap into position, so if you try to move a point and it snaps back to its original position, just drag it a little farther.
?
270
240
210
150
120
Objective
O
O
0 30 60 00
U
O
PPF
150 100 210 240 270 300
EQUIPMENT
PPF
Which of the following would impact the effectiveness of economic sanctions? Check all that apply.
The relationships between the target nation and the imposing nations
The number of nations imposing sanctions
The extent of tariff wars
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