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makkiz [27]
3 years ago
13

Using government regulations to limit the import of goods and services is called

Business
2 answers:
zimovet [89]3 years ago
8 0

<u>Answer:</u>

<em>Using government regulations to limit the import of goods and services is called </em><u><em>trade protectionism </em></u>

<em></em>

<u>Explanation:</u>

A quota is a government-forced exchange limitation that restrains the number or money related estimation of merchandise that a nation can import or fare during a certain period. Countries use standards in global exchange to help direct the "volume of trade" among them and different countries.

Quotas center on constraining the amounts, now and again, the combined estimation of a specific decent that a nation imports or fares for a particular period, while taxes force explicit expenses on those products.

zimovet [89]3 years ago
4 0

Answer:

protectionism

Explanation:

The country could overtax import products such as manufactured products in order to protect its own products and industries. This is very common in trade markets. Nowadays, through the globalization and China´s high development protectionism is ending.

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In a competitive market with identical firms, A. firms cannot earn positive economic profit in either the short run or long run.
Ksenya-84 [330]

Answer:

The answer is C.

Explanation:

In a competitive market, all firms produce identical goods and services. No firm or seller can influence the prevailing market price. To increase their revenue, firms must increase their outputs.

In this industry, firms make economic profit(revenue minus accounting cost minus implicit cost) in the short run but this economic profit reduces to zero in the long run because more firms that are attracted by the short run profit can enter the industry freely. Firms can also exit with little or no cost.

4 0
3 years ago
What is a public good?
Pie

I believe your answer is B

A public good is a product or service that one consumer cannot present another consumer from using, and is accessible without  payment

7 0
3 years ago
Germany is capital abundant country and Japan is labor abundant country. If computers are produced mostly by capital and beer is
wel

Answer:

If computers are produced mostly by capital and beer is produced mostly by labor, the H-O model predicts that

Germany will export computers in exchange for beer.

Explanation:

The H-O model or Heckscher-Ohlin theory is an economic model about the comparative advantages of nations in international trade.  The model tries to explain the equilibrium of trade existing between two countries that have varying specialties and natural resources.  According to the H-O model, countries export more goods and services for which they have plenty resources than they do for goods and services for which they have scarce resources.  For example, if a country has capital in abundance, it will export more of capital-intensive products while it will import labor-intensive products, because it has scarce labor resources.

6 0
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What purpose does tesla serve in the economy?
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Tesla has created over 1,500 jobs at its ATVM-supported facilities. The Department of Energy's investment in Tesla supports the commercial deployment of advanced technologies that help U.S. automakers remain competitive in the growing global advanced vehicle market. This is the purpose of tesla serving the economy.

The economy is the field of production, distribution, trade and consumption of goods and services. Generally, it is defined as a social domain emphasizing practices, discourses, and material expressions related to the production, use, and management of scarce resources.

Learn more about the economy here:brainly.com/question/1106682

#SPJ4

8 0
2 years ago
Are real people answering these questions? Do u get paid?
Yuki888 [10]

Answer:

Yes real people answer these questions. No, at least I don't get paid. (although that would be awesome!!!)

4 0
3 years ago
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