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
Brut [27]
3 years ago
12

Suppose the United States imposes higher steel tariffs. How does the change in steel import restrictions affect automobile manuf

acturers who use steel as an​ input?
A. The automobile industry will experience job loss as manufacturers are more likely to relocate to other countries.
B. The tariff change will prompt automobile manufacturers to lower the price of vehicles.
C. The cost of producing automobiles will decrease.
D. Automobile manufacturers will become more profitable as the price of steel falls.
Social Studies
2 answers:
madam [21]3 years ago
7 0

Answer:

A. The automobile industry will experience job loss as manufacturers are more likely to relocate to other countries.

Explanation:

As automobile manufacturers use steel as an input, any high steel tariff raises their cost of producing automobiles in the U.S. They couldn't produce the same amount of automobiles for the same cost of producing and they couldn't change steel as an input for production. Looking to keep or low their cost of producing automobiles, manufacturers are likely to relocate to other countries, firing employees in the U.S. automobile industry.

Lina20 [59]3 years ago
5 0

Answer:

A. The automobile industry will experience job loss as manufacturers are more likely to relocate to other countries.

Explanation:

When the price of an input increases, the cost of production of a manufacture increases, making the product less competitive as it becomes expensive. Thus, the company will outline a strategy to maintain its competitiveness. This may involve lowering labor costs, increasing unemployment, or shifting your production matrix to a place where there are no tariff barriers to inputs.

You might be interested in
21
juin [17]

Answer:

Floodplains

Explanation:

I looked it up

3 0
3 years ago
Who is the president of london​
Len [333]

Answer:

boris Johnson as he is the velocity of my grandad

3 0
3 years ago
Read 2 more answers
Why did so many native Americans die after coming into contact with the Europeans
lawyer [7]
The europeans brought infectuous diseses such as the bubonic plague, chicken pox, pneumonic plague, cholera, diphtheria, influenza, measles, scarlet fever, smallpox, typhus, tuberculosis, and whooping cough. The diseases introduced in the Americas by the Europeans were crowd diseases: that is, individuals who have once contracted the disease and survived become immune to the disease.
4 0
3 years ago
Why do people seek employment?
kiruha [24]

Answer:

So that they could provide for their families.

Explanation:

If they dont they will go broke meaning they will become extreamly poor.

3 0
3 years ago
Read 2 more answers
Optimism is a tendency toward a(n) ________.
Vladimir79 [104]

Answer:

d) Positive outlook and positive expectations.

Explanation:

Being optimistic means to have a positive expectation for what is to come in the future. So, optimism is a tendency towards a positive outlook and a positive expectation in one's life.

This mental attitude of a person reflects an individual's approach towards the events of life. This optimism is the positive attitude and hope for a better future or outcome of an individual's actions/ future. Thus, we can rightly say that optimism is a tendency toward a positive outlook and positive expectations.

5 0
3 years ago
Other questions:
  • How trade affected the development of early greek civilizations and describe the enduring traditions that greek culture extend t
    8·1 answer
  • What body of water has oil deposits along its shoreline?
    7·1 answer
  • Are____ items such as utilities, rent, and food—items that one can’t do without.
    6·2 answers
  • Functional communication training:a.-Develops alternative behaviors that are sensitive to abolishing operationsb.-Develops alter
    11·1 answer
  • What is the main idea of propaganda
    5·2 answers
  • Who is ultimately responsible for determining if the risk of undue influence from remuneration plans is minimized?
    12·1 answer
  • Of what thing is this pic? Explain.
    10·1 answer
  • How does Russia's location impacts its people? *
    7·1 answer
  • Provide examples from your past experience when these were represented in either a work, volunteer, or school experience. Was th
    9·1 answer
  • Why do you think it's important to have words to describe people's lived experience?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!