Answer:
The correct option is B,using-protection-as-a-bargaining-chip argument
Explanation:
Using protection-as-a-bargaining-chip argument is a retaliatory strategy used in international trade where a country that is at the receiving end of a trade restriction such as tariff imposition attempts to impose or imposes similar restriction on a trading partner in order that the trading partner can relax their restrictions or lead both trading partners to begin another round of discussion.
Specifically, the suggestion made the congressman as highlighted is one of the ways to use protection-as-a-bargaining-chip argument
Answer:
Option C The income Effect
Explanation:
Student has inelastic demand for gasoline as the increase in the price of gas does not change the consumption of gas instead it decreases the consumption of pizza as the consumer has less relative income so spend less on the pizza and sped more on the gasoline.
Mate your answer is B
Hope my answer helps you
Answer:
a. The production possibility curve(PPC) moves up and to the right because of increase in human skills resulting in enhanced production and output.
b. Due to bumper crop PPC moves up and to the right.
c. Due ton increased workers entering into the country PPC moves up and to the right ( increased output)
d. The workers are already unemployed hence it does not shifts PPC
e. Due to efficiency to convert salt water into fresh water output increases. PPC moves up and to the right.
f. Decreased productive capacity results in PPC shifting down and to the left.
Your answer for the problem would be task variety
