Answer:
The correct answer is: reduce the world price of import when they levy a tariff.
Explanation:
Import tariffs make foreign goods more expensive, encouraging the purchase of domestic goods. Governments also justify applying tariffs to protect national jobs, infant industries, to retaliate against a trading partner, or to protect their consumers.
On the other hand, a less common tariff is the export tariff. That is, the one that is imposed on a good or service sold abroad in your country. They are generally imposed by countries that export primary products, either to increase incomes or to create shortages in world markets and thus raise world prices.
The imposition of tariffs is known as tariff barriers. In addition, there are non-tariff barriers to promote the protection of national industries. It consists of putting technical, legal obstacles, quotas or other measures that discourage importation.
Answer:
CRJ means cash receipt journal. ... In higher classes, this journal is not made, it is included in the debit side of cash book. Meaning of CPJ. CPJ means cash payment journal.
Answer: January 26
Explanation:
A life insurance policy is simply a contract that an individual has with an insurance company whereby the individual makes premium and in turn, the insurance company would have to give a death benefit, to the beneficiaries of the insurance policy once the insured dies.
Based on the information in the question, the coverage become effective on January 26 which was the day the policy was delivered and the first premium was collected.
The answer is memos, emails, and research papers.
Answer:
Price will likely be lowered and quantity supplied increased.
Explanation:
This is the case of exercising barriers to entry. Predatory pricing or limit pricing can be an effective strategic move here by the existing 5 companies.
In the strategies mentioned above, firms deliberately lower their prices even if it means a loss in the short run to force out any new entrants. Since the prices may be set lower than average total costs, it is extremely difficult for new entrants to make any profits and thus they might be forced out. This is also accompanied by an increased supply of fertilizers that helps these 5 companies exercise price control by influencing supply in the market. The equilibrium quantity thus increases in the market.
Hope that helps.
