Answer:
A by causing real median household incomes to decline
C by limiting consumer choice
Explanation:
Negative effects of trade barriers (protectionism) policies include the following:
- weakening competition in the domestic market, and, consequently, incentives to improve production decsrease;
- the welfare of the population is decreasing due the rise in price of imported goods and the relative high cost of domestic goods, the deterioration of the quality of domestic goods, and the restriction of the freedom of choice of consumers;
- the country will suffer large losses due to the non-use of the absolute and relative advantages of the international division of labor and exchange.
This is confirmed, in particular, by the fact that after the Second World War, the gradual removal of trade barriers, such as tariffs and quotas, stimulated growth and increased the level of welfare wherever this happened, partly due to the expansion of the choice of goods for the population at lower prices. More importantly, trade also had a powerful beneficial effect on productivity, that is, on the efficient use of world resources for the production of economic goods.
The Americans were <span>encouraged to grow their own food in victory gardens because of food shortage and rationing during the time of war. People could grow their own food for consumption and help the cause of the war. I hope that this is the answer that has actually come to your great help.</span>
<span>Simón Bolívar, in full Simón José Antonio de la Santísima Trinidad Bolívar y Palacios, was a Venezuelan military and political leader who played a leading role in the establishment of Venezuela.</span>
Answer:
Year after year, masses of people were left homeless and forced to flee to mountaintops. After relentless urging from his advisors, the emperor appointed a distant relative to control the ongoing flood. This distant relative spent nine years building dams, etc.. to barricade the waters.
Explanation:
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