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.
Answer:
Explanation:
James Madison
the Second Bank was chartered by President James Madison in 1816 and began operations at its main branch in Philadelphia on January 7, 1817, managing twenty-five branch offices nationwide by 1832.
The main way in which Hoover expected social services to be provided to poor Americans was that he "<span>hoped private charities would take care of the needs of poor Americans," since he was very much against government intervention in the economy, unlike his successor FDR.
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Answer:
when Charles I raised an army against the wishes of Parliament, ostensibly to deal with a rebellion in Ireland
Explanation:
The conclusion about the use of U.S. military power would be most logically drawn from the experience of the Iraq War is: <span>A. After a military victory, the defeated country may remain unstable and dangerous.
After we use military power to obliterate the leader of these terrorist groups that controlled the middle east we should not directly leave and not doing some follow up because it will create a politcal vacuum and invited many people from other groups see this as an opportunity to gain power.</span>
