<span>Following the stock market crash, many industrial nations responded by imposing high tariffs. A tariff is simply just a type of tax that is applied to imports and exports that are traded between two sovereign states. Sometimes the term tariff is occasionally used to describe any list of price, but that is fairly rare in the English language.</span>
John Colet lectured on the Epistles of Paul :)
Answer:
B) The GDP will increase because Nigeria will be able to produce more oil
Explanation:
The introduction of a new technology would result in an increase in the volume of crude oil being produced by the nation. This in turn will improve the net exports of the government which would increase the gross domestic product of the country.
Gross domestic product is the total market value of the goods and services produced by a country within a specified period. It is calculated by summing up consumption, investment, government spending, and net exports.
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The Nuclear Non-Proliferation Treaty sought to D) prevent the spread of nuclear weapons to nations that did not already have them. The goal of the treaty was also to C) reduce the number of nuclear weapons held by major powers or any states possessing nuclear weapons with the general goal of nuclear disarmament.
