The most common barriers to trade are tariffs, quotas, and non-tariff barriers
Answer:
What are the 3 basic questions that every economic system must answer? What to produce? How to produce? Whom to produce it for?
Explanation:
we learned this in 8th grade
The Inquisition was when the Catholic Church officials tortured Jews and Muslims to convert to Christianity. The Reconquista was when the people from Spain and Portugal united to take back their land from the Muslims. The Reconquista started in the early 700s and ended in 1492.
A company with that amount of revenue still saying that they hardly keep the doors open is probably because the profit is maybe negative. Profit is calculated by subtracting the total cost, that is the summation of the fixed cost and the variable cost, from the revenue. Even if the revenue is high, if the cost is also high, the profit will remain low.
