Answer:
None, It's called the Spoils System
Explanation:
Yes, because wealth means that the nation has a lot of funding, enough to where the schools in the country are excellent
Answer:
effective rate of protection for the domestic is 46 %
Explanation:
given data
imposition = 20 percent
cost of material inputs = $100 per unit
world price = $175 per unit
solution
we get here Extra amount that is
Extra amount = world price × tariff mean ........................ 1
Extra amount = $175 × $20%
Extra amount = $35
and
So we get effective rate of protection for the domestic is
effective rate of protection = 35 ÷ (175-100)
effective rate of protection = 46 %