Answer:
lower prices for domestic production
Explanation:
tariffs means
more tax on imports so
imports would be more expensive
A. increased quantities of imports?
if imports are more expensive because of tariffs and
if people buy less
then there would NOT be
increased quantities of imports
because they are more expensive
B. higher prices for the import-competing goods both domestically and abroad?
import-competing (domestic) goods would be cheaper
C. lower prices for domestic production?
yes domestic production would be cheaper
D. less expensive exports?
only if other countries don't put tariffs on them themselves
<span>About 3.8 million persons arrived in Italy during the period 1899 and 1924. This amount is far greater that the amount that left during that period.</span>
Answer: Explicit Costs
I hope it helps
The Great Depression, the recession, I don't know the other one.
Scarcity refers to a state of being in short supply.
Scarcity exists because distribution of resources is unequal. Majority of the people tend to get more than they need in preparation for future uses. They did not take into consideration that other people also need the items they have stocked up on. This results to unequal distribution of resources. Those who had first access to the goods have more than they need while those who came last have goods that is not enough to sustain their needs. They are the ones experiencing scarcity.
