Indicate whether each outcome in the following table is or is not an objective of economic sanctions. Not an Objective Outcome Protection of the domestic economy Combat international terrorism Export promotion Protection against unfair trade Objective

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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5. Economic sanctions
Indicate whether each outcome in the following table is or is not an objective of economic sanctions.
Outcome
Protection of the domestic economy
Combat international terrorism
Export promotion
Protection against unfair trade
STEEL (Tons)
100
90
In the 1990s, Western countries lifted economic sanctions on South Africa, such as disinvestment by international companies and bans on imports of
South African steel and textiles produced by South African government-owned firms. The following graph shows South Africa's production possibilities
frontier (PPF) before the sanctions were lifted.
80
Drag the PPF curve on the following graph to show the effects of the lifted economic sanctions on South Africa's production possibilities frontier.
70
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.
60
50
40
30
20
10
0
0
Objective
+
10
20 30
O
PPF
O
40 50
TEXTILES
60
O
Not an Objective
O
70 80 90 100
The number of nations imposing sanctions
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 level of national security
Transcribed Image Text:5. Economic sanctions Indicate whether each outcome in the following table is or is not an objective of economic sanctions. Outcome Protection of the domestic economy Combat international terrorism Export promotion Protection against unfair trade STEEL (Tons) 100 90 In the 1990s, Western countries lifted economic sanctions on South Africa, such as disinvestment by international companies and bans on imports of South African steel and textiles produced by South African government-owned firms. The following graph shows South Africa's production possibilities frontier (PPF) before the sanctions were lifted. 80 Drag the PPF curve on the following graph to show the effects of the lifted economic sanctions on South Africa's production possibilities frontier. 70 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. 60 50 40 30 20 10 0 0 Objective + 10 20 30 O PPF O 40 50 TEXTILES 60 O Not an Objective O 70 80 90 100 The number of nations imposing sanctions 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 level of national security
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