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
frosja888 [35]
2 years ago
13

Tire production in the United States has been on the decline, in both absolute and relative terms. Imported tires are replacing

most of the domestically manufactured tires in the market. Trade unions in the United States have claimed that over 7,000 jobs have been lost due to Chinese tire imports. You read a blog post that uses this example to say that this is exactly why countries should not engage in free trade: cheaper imports will flood the domestic market and unemployment in the country will increase. Do you think the blogger's conclusions are entirely correct? (Check all that apply) A. Yes, because the country loses jobs and workers are made worse off. B. No, because the efficiencies gained from exploiting comparative advantage generate more winners than losers. C. Yes, because the losers from free trade are likely to outnumber the winners, making the country worse off overall. D. No, because the winners from free trade could compensate the losers.
Business
1 answer:
Helen [10]2 years ago
6 0

Answer:

B. No, because the efficiencies gained from exploiting comparative advantage generate more winners than losers.

Explanation:

Everything has its all pros and cons. When international trade takes place, people in the economy are happy, because of wide variety and options given.

Further the traders, manufacturers also tend to grow as due to competition they improve with the quality standards, designs, variations, etc:

Competition forces to excel in any kind of job you do. And that only the best players and performers stay in the market.

This is the advantage, of such international trades.

You might be interested in
The partners share profits and losses in the ratio of 5:3:2, respectively. The partners agreed to dissolve the partnership after
vovangra [49]

Answer:

$30,000

Explanation:

The computation of the amount received by Janet is given below:

Loss on sale of other assets is

= $150,000 - $50,000

= $100,000

Share of Janet in loss is

= $100,000 × 5 ÷ 10

= $50,000

So,  

Janet revised capital balance is

= $80,000 - $50,000

= $30,000

6 0
2 years ago
If a marketing manager queries a marketing information system to determine the effect of three different levels of price for a n
9966 [12]

Answer:

sensitivity analysis

Explanation:

Based on the information provided within the question it can be said that in this scenario the marketing manager would be using sensitivity analysis. This is a method of analyzing the uncertainty outputs that a mathematical model will have on something. Which in this case would be the different price levels on a new product.

6 0
2 years ago
Using the glossary will not help a reader develop better reading strategies true or false
Sidana [21]

When a reader uses their resources within the book to understand the book and how it is constructed, it helpes the reader develop better reading strategies. Using the glossary lets the reader identify and find information at a quicker rate which in turn, helps develop better reading strategies. Therefor, the answer is false, because the reader does develop better reading strategies when they use the glossary.

6 0
3 years ago
Suppose Marco is willing to tutor for $15 an hour. On Tuesday, he will tutor Kelly for 1 hour and Mike for 3 hours. Kelly will p
grandymaker [24]

Answer:

Total producer surplus= $30

Explanation:

Producer surplus is the difference between the price a seller is willing to sell and the market price or actual price at which the item is bought. The producer surplus is the additional benefit the seller gets from a sale.

Consumer surplus= Market price - Price seller is willing to sell for

Marco is willing to sell at $15 hour

Kelly is willing to pay $30 per hour

Mike is willing to pay $20 per hour

Surplus from Kelly= 30- 15= $15

Surplus from Mike= 20- 15= $5

Total producer surplus= ($15*1 hour) + ($5 *3 hours)

Total producer surplus= 15 + 15= $30

3 0
2 years ago
A mission statement should include the following​ components: A. ​Customers, products/services,​ markets, and competitors B. ​Su
ivanzaharov [21]

Answer:

The correct answer is (a)

Explanation:

A mission statement is an important factor which helps a company to attract customers and show them why their company is different and competitive. A mission statement should include a description of product and services, and it should depict the importance of customers. It should also include little information regarding the competitors. Mission statement is the first thing customers notice when they visit a website.

3 0
3 years ago
Other questions:
  • Allison is an entrepreneur who has started her own video game development company. She lives in california one of the designers
    8·1 answer
  • "________ is an area that allows member states to freely move components of production such as capital and labor across borders"
    15·1 answer
  • Total revenue is defined as a. price minus quantity sold. b. price divided by quantity sold. c. price multiplied by quantity sol
    7·1 answer
  • On Friday, Billy mails Andrew an offer, which Andrew receives on Monday. On Tuesday, Billy mails Andrew a revocation, which Andr
    5·1 answer
  • Companies have the opportunity to use varying amounts of different sources of financing, including internal and external sources
    7·1 answer
  • Carter Containers sold marketable securities, land, and common stock for $30 million, $15 million, and $40 million, respectively
    9·1 answer
  • American Snacks Inc., a conglomerate, has a strategic alliance with Très Bien Limité, a French snack-maker. However, Très Bien m
    5·2 answers
  • According to the standard cost card, each helmet should require 0.52 kilograms of plastic, at a cost of $8.00 per kilogram. Requ
    11·1 answer
  • If I have an F and have nothing to do. what should I do
    11·1 answer
  • Volatility or Blank______ increases for equity holders when leverage increases. Multiple choice question. inevitability certaint
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!