All categories

3 years ago

(ECONOMICS) Select ALL answers that apply. Protective tariffs are considered positive because _____.

Business

2 answers:

svlad2 [7]3 years ago

6 0

Answer: The answers are b and c.

b. they give foreign goods a competitive edge

c. they protect local industry

Protective tariffs are considered positive because they give foreign goods a competitive edge and they protect local industry.

Explanation:

Protective tariffs refer to taxes imposed on imported goods and services in order to increase prices of imports and protect local industries from competition. It is also imposed on imported goods to encourage the growth of local industries. This makes the sales of locally produced goods to rise and imported goods to come down.

liberstina [14]3 years ago

4 0

I believe the answer might be b and c:

Protective tariffs<span> are a tool countries use to protect domestic industries. They can take the form of taxes, duties, fees, or other restrictions on imported goods. The purpose of </span>protective tariffs<span> is to foster the growth of local industries and protect them from a flood of cheap foreign goods. </span>

You might be interested in

Sanctions are a type of trade restriction that is ineffective in forcing change in other countries.

Nikolay [14]

<span>The answer to this question is False. Sanctions do not only rarely achieve their goal of forcing change in the targeted country, but they also tend to produce collateral economic damage in the nations that do apply them.</span>

3 0

3 years ago

The law of demand states that, other things equal, when the price of a good.

babunello [35]

The law of demand states that when the price of a good increases, the quantity demanded decreases.

<h3>What is the law of demand?</h3>

The law of demand states that the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded. The quantity demanded of a good is inversely related to the price of the good. This explains why the demand curve is downward sloping.

For example, if the price of a shoe increases, the quantity demanded of the good decreases.

For more information about demand, please check: brainly.com/question/25871620

4 0

2 years ago

The Department of Commerce in Washington D.C. is developing the macroeconomic report for the nations previous economic quarter.

sergij07 [2.7K]

Answer:

quantitative measurements of the nation's economic activity from last quarter

6 0

3 years ago

One of your customers has just made a purchase in the amount of $23,200. You have agreed to payments of $445 per month and will

Alja [10]

Answer:

85.43 months

Explanation:

Purchase = $23,200

Payment per month = $445

Interest rate = 1.26%

Therefore the solution is:

$23,200 = $445[(1 − 1/1.0126^t) / .0126]

t = 85.43 months

3 0

2 years ago

Inventories of _____ can provide vast amounts of information concerning attitudes toward product categories, brands within produ

WARRIOR [948]

Answer: Activities and opinions

Explanation:

The activities and the inventory opinions is basically providing the various types of data or information that helps in explain about the sales operation, facilities related to the production and also the product categorization.

The inventory of the activities and the opinions plays an important role in the management of an organization as it helps in providing the sufficient knowledge related to the production of the products in the market.

According to the given question, the inventories of the activity is providing the vast information in concern with the product categories and the specific brand.

Therefore, Activities and opinions is the correct answer.

8 0

3 years ago