Question

Su.s. Price (dollars per box) A B 6 с D E F 4. I G H - J K. Dus الم 6 9 12 Quantity (millions of boxes)
Now suppose that instead of a quota, the U.S. government uses a tariff to restrict trade. Suppose the size of the tariff is $
0 0
Add a comment Improve this question Transcribed image text
Answer #1

the + A + B = Quest with u.s. Tariff price becomes @ Change in consumer Suptus is in Poitial goso = A +B+C+D+E+F final cas =5) pros. of the free trade are as:-

1) boosts the economic growth of the nations through trading.

2) gives encouragement to the small, medium and large size industry.

3) free trade among nations also boosts democracy.

4) consumers and producers of the nations becomes more aware by globalisation.

6) cons. of the free trade are as:-

1) it increases the economic inequality. as the richer becomes more rich and poorers become more poor.

2) it expoits the small industries of the developing countires.

3) it creates the unemployment in the small countries.

Add a comment
Know the answer?
Add Answer to:
Su.s. Price (dollars per box) A B 6 с D E F 4. I G H...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT