The US would impose a retaliatory tariff against another country if they were to attack US shipping during a time of war where the US was a neutral party or if the said country did something major violating a common right or disrespectful to the US as a whole and we would use the tariff to try to force them to fix the issue.
The correct answer is letter B
Consumer surplus is therefore a measure of economic well-being, and the higher its value, the greater the benefit to consumers in that market. We will thus have that the producer surplus is equivalent to the area of the polygon determined by the supply curve and a certain marketing price.
Consumer surplus is one component of the economic surplus, a concept that gained popularity with the English economist Alfred Marshall.
Answer:
Explanation:
POSITIVE- Inward investment by TNCs helps countries by providing new jobs and skills for local people.
TNCs bring wealth and foreign currency to local economies when they buy local resources, products and services. The extra money created by this investment can be spent on education, health and infrastructure.
The sharing of ideas, experiences and lifestyles of people and cultures. People can experience foods and other products not previously available in their countries.
NEGATIVE- They may pollute the environment, run risks with safety or impose poor working conditions and low wages on local workers. Globalisation is viewed by many as a threat to the world's cultural diversity.
On October 29 1929 the stock market crashed causing the great depression. Families lost homes insurance jobs etc.
Use this website it has good information
http://www.newworldencyclopedia.org/entry/Arabian_Peninsula
