Mediterranean and Africa, such as the silk road and other trade routes to Africa and other Arabian areas.
The correct answer is: "
considered to be doing business on the black market".
Rationing takes place when a certain market (for example, appartment market) is not in equilibrium and there is an excess of demand hence, the amount demanded of such product is larger than the number of units that are supplied.
If price variations are not allowed under a certian economic system, the price of the product cannot rise and the equilibruim in this market cannot be restored. Therefore, the available units of the product are allocated among the consumers by using a rationing mechanism that establishes certain rules to state which of those consumers would receive the product first, who go next and who cannot have it at all.
If some of the consumers violates the established rules and <u>offers a higher price (which is not allowed), it evidences the emergence of black market practices that circumvent the rationing mechanism. </u>
Answer:
Japan had few natural resources and needed to get them from elsewhere. Among the other choices, this is the statement that most likely explains why Japan so actively sought to claim foreign lands during its imperial period. Thank you for posting your question. I hope this answer helped you. Let me know if you need more help.
Explanation:
Answer: What did the Declaration of Independence list as a reason the colonies sought independence from Great Britain? ... Britain refused to recognize colonists' property rights that enabled them to hold slaves.
<em>Don't Fail NNN!</em>