1. Embargo - An official ban or trade or other commercial activity with a particular country.
2. Tariff - Tax on imports.
3. Economic growth - The ability of the economy to increase the production of goods and services.
4. Specialization - Workers concentrate on producing those goods and services for which they have a competitive advantage.
5. Currency exchange rate - The price of one country's currency expressed in terms of another country's currency.
6. Quota - Limitation on imports.
7. Voluntary free trade - An ideal feature of a global economy; it is when each party involved in a trade expects to gain from the trade.
8. Trade barriers - Restrictions placed on trade, for example tariffs and quotas.
Answer:
The correct answer is option B.
Explanation:
An oligopoly is a market structure in which there are few firms which are interdependent on each other such that price and output decisions of a firm affect other firms in the market. There is a high degree of competition in the market.
Firms in an oligopoly market can maximize profits by forming formal or informal collusion and reducing output level and increasing price.
Though such cartels are generally short-lived as each firm has the incentive to earn higher by not cooperating. The cartel will not be successful if there are other firms in the market which are not a member of the cartel.
A cartel will have a longer life if all the firms in the market are its market and the cartel has strict control on its members and ability to punish cheaters.
The Answers is A, D, and E. Also Please give me a brainliest answer
This would be an example of discrimination, also racism.
Answer:
number one i think is shale
number to sandstone
Explanation:
