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True. President Obama and his admiration actively worked towards implementing a strategy of protectionism.
What is protectionism?
The economic policy of limiting imports from other countries through means such as tariffs on imported goods, import quotas, and a range of other governmental regulations is known as protectionist, also known as trade protectionism. Supporters contend that protectionist measures benefit domestic producers, companies, and workers in the industry that competes with imports from international rivals. Opponents contend that protectionist measures hinder trade and have a negative impact on both the producers and employees in export-related industries in the country enacting the policies as well as in the nations shielded from them (by increasing the cost of imported goods).
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Answer:
There is a great deal of overlap between neuroscience and Biological psychology
Explanation:
When studying the principle of biologic, when they are merely analyzing the biopsychology studies, they are classified under the field of Neuroscience. According to different researches conducted, it is evident that there is a significant relationship between the brain and another psychological process that take place in the body of human being
Therefore the biology concept is related to psychology with other methods of inheritance that makes people behave in different ways while at diverse environments.
Prices of steel and aluminium prices will depend on the market demand and supply.
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Explanation:
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The manufacturing industries are mainly depending on the steel as major source of raw material. The main reason for the demand of the steel will increase if the infrastructure development in the society. And it also reflects the economic boom happening in the society.
So if the demand of the steel increases because of various reasons like wage rise and demand for raw material like iron ore. In the event of price rise of steel the aluminium will be the next alternate for steel in the infrastructure development. So, if there is demand for steel arises automatically the aluminium prices will also increase.
