Indicate whether each outcome in the following table is or is not an objective of economic sanctions. Outcome Objective Not an Objective Promote imperfect competition Compensation for property expropriated by foreign governments Reduction of nuclear proliferation Prevention of tariff wars In 1990, Western countries imposed economic sanctions on Iraq with the goal of terminating Ireq's military takeover of Kuwait. Prior to the sanctions, oil and equipment were exported internationally by traq. The foilowing graph shows Iraq's production possibilities frontier (PPF) before the sanctions were imposed. Drag the PPF curve on the following graph to show the effects of the imposed economie sanctions on trag'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 littie farther O O O
Indicate whether each outcome in the following table is or is not an objective of economic sanctions. Outcome Objective Not an Objective Promote imperfect competition Compensation for property expropriated by foreign governments Reduction of nuclear proliferation Prevention of tariff wars In 1990, Western countries imposed economic sanctions on Iraq with the goal of terminating Ireq's military takeover of Kuwait. Prior to the sanctions, oil and equipment were exported internationally by traq. The foilowing graph shows Iraq's production possibilities frontier (PPF) before the sanctions were imposed. Drag the PPF curve on the following graph to show the effects of the imposed economie sanctions on trag'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 littie farther O O O
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Indicate whether each outcome in the following table is or is not an objective of economic sanctions.
Outcome
Objective
Not an Objective
Promote imperfect competition
Compensation for property expropriated by foreign governments
Reduction of nuclear proliferation
Prevention of tarit wars
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.
Drag the PPF curve on the follovwing graph to show the effects of the imposed economic sanctions on trag'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 orliginal position, just drag it a little farther.
200
180
PPF
100
140
120
100
00
40
20
PPF
100
EQUIPMENT
20
40
60
80
120 140
160 180 200
Which of the following would impact the effectiveness of economic sanctions? Check all that apply.
O The economic growth rate in the target country
O cultural factors in the target nation
O The number of nations imposing sanctions
OIL (Barrels)
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