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natulia [17]
3 years ago
9

The top-down view of institutions argues that:

Social Studies
1 answer:
ludmilkaskok [199]3 years ago
7 0

Answer:

The correct answer is a) institutions are created by domestic leaders and legislators who govern and establish laws.

Explanation:

In Economic Development literature, there are two predominant, contrasting views of the nature of institutions. On one side, the top-down view refers to institutions as determined by laws written by political leaders. On the other side, the bottom-up perspective defines institutions as emerging from social norms, traditions, values and beliefs held by individuals within a society. Both views have very different implications on economic policies and structures and the way optimal institutions must be built.

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Answer:

non-tariff barrier

Explanation:

Based on the information provided within the question it can be said that this can be referred to as a non-tariff barrier. this term refers to a trade restriction which is not a tariff and is instead anything else such as quotas, embargoes, sanctions, or in this case unnecessary inspections. Since the inspectors are forced to inspect every single watch as thoroughly as possible wasting time and money for the person shipping the product.

6 0
3 years ago
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Answer:

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Explanation:

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