What is a subsidy we have in the United States and how is that related to protectionism?

Q: The below graph shows the domestic sugar market in Mexico (expressed in millions of tons). Based on…

A: The topic revolves on the concept of international commerce and how domestic supply, demand, and…

Q: Who are the Winners and Losers from trade Restrictions?

A: A trade restriction is an artificial constraint on the trade of commodities and services between two…

Q: What does national security have to do with trade barriers?

A: A tariff is a tax levied on goods imported, and a quota is a quantitative limitation on goods…

Q: Why do countries place restrictions on international trade?

A: Introduction :  The exchange of commodities and services between countries is known as international…

Q: What are the arguments in support of international trade

A: Due to the scarce resources or uneven distribution of resources, every country cannot produce all…

Q: Under what conditions would you advocate for trade restrictions?

A: Under what conditions would you advocate for trade restrictions? Countries use numerous strategies…

Q: Based on the graph above, society's welfare before the tariff levied on imported goods was: a) ABCE…

A: Whenever a small country implements a tariff, there will be a redistribution of income. Producers…

Q: How are Trumps tariffs affecting the farm economy?

A: China being the second largest importer of US Soyabean after Canada and the increase in tarfiff rate…

Q: Supporters of import restrictions and protectionist policies place greater weight on producer…

A: The gain realized by the consumers when the maximum price that they are willing to pay for a product…

Q: If there is a net loss to society from tariffs, why do tariffs exist?

A: A tariff refers to the tax imposed by the government on goods imported into the country.

Q: not use ai please

A: Quotas and tariffsThere are two types of protection; Tariffs, which are taxes, or duties, on…

Q: What is the fundamental source of the gains from international trade?

A: Gains from international trade would depend oncomparative advantage.

Q: What are the different methods of economic protectionism?

A: When countries try to stop or limit the flow of goods into their borders, they engage in…

Q: explain using graphs the concept of an optimal export tax. Show the optimal export tax for large…

A: Trade between the nation depends upon their specialization. The country exports the product which…

Q: briefly explain one reason why/when protectionism might be a good idea AND one reason why/when it…

A: Protectionism alludes to government strategies that confine worldwide exchange to support homegrown…

Q: What is The International Monetary Fund, and how does it facilitate world trade

A: World trade plays an important role in the economic growth of every participating nation by…

Q: if the world price is 5 dollars and import quota 300. The price after the quota will be ?   I dont…

A: At the world price of $5, total domestic demand is of 800 units and total domestic supply is of 50…