1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lady bird [3.3K]
3 years ago
8

The world price of a ton of steel is $650. Before Russia allowed trade in steel, the price of a ton of steel there was $1,000. O

nce Russia allowed trade in steel with other countries, Russia began a. exporting steel and the price per ton in Russia decreased to $650. b. exporting steel and the price per ton in Russia remained at $1,000. c. importing steel and the price per ton in Russia decreased to $650. d. importing steel and the price per ton in Russia remained at $1,000.
Social Studies
1 answer:
MArishka [77]3 years ago
6 0

Answer:

The correct answer is option c.

Explanation:

The world price of a ton of steel is $650.  

During the autarky, the price of steel in Russia was $1,000.  

After the trade, the price fell to $650. This means that Russia started importing steel from other countries where it was cheaper. This caused the price of steel in Russia to fall to the level of the world price.  

This happens because at price $1,000 consumers will purchase from foreign producers. This will reduce the demand for domestic producers. This decrease in demand will shift the demand curve to the left such that the price falls to $650.

You might be interested in
Suppose a policymaker argues against expanding the United States' nation-building capacities by pointing out the obstacles to so
hichkok12 [17]

Answer:

"Realist" is the correct answer.

Explanation:

  • Realism seems to be a philosophy pretending to somehow describe contemporary political life.
  • Everything always underlines the political limits arising from either the self centered character of humanity as well as the unavailability of a strong central government over the community as well as the country.

Thus the above is the right answer.

8 0
3 years ago
Describe a way how people might be able to solve each environmental problem:
Otrada [13]
People might be able to solve coal mining from harming habitats maybe by finding a new way to run trains instead of coal. or by mining for coal less.
7 0
3 years ago
What are the 4 benefits of globalization?<br> hochs<br> of globalizati
mestny [16]

Answer:

They are:The advantages of globalization are actually much like the advantages of technological improvement. They have very similar effects: they raise output in countries, raise productivity, create more jobs, raise wages, and lower prices of products in the world economy.Access to New Cultures.The Spread of Technology and Innovation.Lower Costs for Products.Higher Standards of Living Across the Globe.Access to New Markets.Access to New Talent.International Recruiting.Managing Employee Immigration.

7 0
2 years ago
Read 2 more answers
Paco takes a test that asks him to assemble blocks into patterns. He is most likely taking a ______________ test.
GrogVix [38]

Answer:A performance test

Explanation:

WHAT IS IT? Performance assessment, which is also referred to as authentic assessment , is a test which involves actual doing an activity practically instead of selecting an answer from an already created test.

For example Poca is asked to assemble blocks into patterns , which will show his understanding of what patterns are.

WHY IS IT DONE?

It actual gives students a chance to show the skills that they have acquired throughout the learning process and for teachers to see what knowledge and abilities that students have grasped. It also improves their understanding of student can actual practically do what they learn in theory.

3 0
3 years ago
Which of the following is an example of a cultural change that occurred due to interaction between the Europeans and the Native
Illusion [34]
<span>European missionaries introduced Christianity to the Native Americans.</span>
4 0
3 years ago
Read 2 more answers
Other questions:
  • Do you think the patriots could have won without the help from other countries? why or why not?
    5·1 answer
  • Leslie, a sociology major, believes that waffles are the key to happiness. her friend ann, a psychology major, believes that goo
    15·2 answers
  • In case the president is disabled, the way the vice president becomes president is determined by the
    14·1 answer
  • What was Mussolini’s social view
    9·2 answers
  • "what type of government was set up under the articles of confederation"
    6·1 answer
  • HELPPP PLEASEE pleasee ❗️
    11·2 answers
  • Which factors does a judge consider when deciding the sentence in a criminal case? Check all that apply.
    12·1 answer
  • When forming friendships, people find several forms of similarity to be attractive. According to research, which of the followin
    7·1 answer
  • What is the most shocking thing that you have learned about genocides, explain.
    8·1 answer
  • Federalists vs. Anti-Federalists
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!