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3 years ago

what is the problem with the argument that infant industries need to be protected from foreign competitions

Business

1 answer:

saw5 [17]3 years ago

4 0

Answer:

The problem with the argument that infant industries need to be protected from foreign competitions are as follows:

1, Fall in standard of living

2. Barrier to free trade

3. Invitation to trade wars

4. Protection of inefficient industries

5. Distortion of free market actors

Explanation:

1. Fall in Standard of Living - Consumers are not forced to patronize producers of substandard products due to the barriers to suppliers of high quality imported goods.

2. Barrier to Free Trade- Trade protection is a barrier to free international trade, the gains of the principles of comparative cost advantage upon which international trade is established will be lost.

3. Invitation to Trade Wars - Other countries may take retaliatory measures

which may eventually lead to trade war between or among trade partners.

4. Protection of Inefficient Industries - The incentive to perform better is not there when infant industries are protected from foreign competitors.

5. Distortion of free market actors - Protection leads to distortion in market equilibrium which will lead to market failure.

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Alternative price indexes

ANTONII [103]

Answer and Explanation:

The consumer price index refers to an index in which the prescribed market cost of goods & services by the prices years from the base year prices of the prescribed market basket and then it is multiplied by 100.

But the Gross Domestic Inflator would be represented when the all types of prices of goods and services generated domestically

An increase in the price refelected the GDP deflator

And, the decrease in the price of treewood represents CPI

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3 years ago

The demand for your hand-made skateboards, in weekly sales, is q = −6p + 400 if the selling price is $p. You are prepared to sup

4vir4ik [10]

Answer:

The price you should sell your skateboards so that there is neither a shortage nor a surplus is $70

Explanation:

In order to calculate the price should you sell your skateboards for so that there is neither a shortage nor a surplus we would have to make the following calculation:

−6p + 400= 4p − 300

-10p=-700

p=70

The price you should sell your skateboards so that there is neither a shortage nor a surplus is $70

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4 years ago

Zoom sales last year were $435,000, its operating costs including Depreciation were $362,500, and its interest charges were $12,

Ostrovityanka [42]

Answer:

374,000

Explanation:

because 362,500 plus 4,000 equals 364,500 add the last 10,000 and you have 374,500 add the 500 and now you have 375k

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3 years ago

Corporate annual reports typically do not contain

Airida [17]

Answer:

c. an SEC statement expressing an opinion.

Explanation:

The corporation's annual report usually called the Annual financial statements usually contains management discussion and analysis, the various statements of account such as balance sheet, profit or loss, changes in equity, cash flow statements and their accompanying notes.

From the options given, the only option not shown in the report is an SEC statement expressing an opinion.

Option c is right.

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3 years ago

Assembling project team and assigning their responsibilities are done during which phase of a project management?.

Finger [1]

Assembling a project team and assigning their responsibilities are done during the project initiation phase of project management.

Project management is an important part of achieving an objective, and is relevant in all spheres, from businesses, to social work, to sports, and education. Projects have a definite time frame for completion and therefore a lifecycle. There are distinct phases in executing a project.

The first phase is the project initiation phase. Here, decisions on the need and significance of the project are taken. Feasibility, viability, and practicality are important. The project charter is drawn up, targets are set, and responsibilities are allocated.

To learn more about phases of project management: brainly.com/question/14522044

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2 years ago