Answer:
The correct answer is option c.
Explanation:
The world price of a ton of steel is $650.
During the autarky, the price of steel in Russia was $1,000.
After the trade, the price fell to $650. This means that Russia started importing steel from other countries where it was cheaper. This caused the price of steel in Russia to fall to the level of the world price.
This happens because at price $1,000 consumers will purchase from foreign producers. This will reduce the demand for domestic producers. This decrease in demand will shift the demand curve to the left such that the price falls to $650.
<span>1. When Tonya chose the chicken, her opportunity cost was eating the burger.
2. When Jimmy chose the licorice, his opportunity cost was buying the jelly beans. The chocolate nut clusters are not considered because, since Jimmy is allergic, he wouldn't be able to buy them in any circumstance.
3. When Mary chose the dress, her opportunity cost was buying the jacket and the shoes.
4. When Joe chose the Ford, his opportunity cost was buying the Chevrolet.
<span>5. When the city chose the wading pool, its opportunity cost was the music stage. The parking lot is not an opportunity cost because it was not part of the city's two choices.</span></span>
The available options are:
A. China took this action to control all trade along the Silk Road.
B. China took this action to encourage its citizens to fight again Mongol invaders.
C. China took this action at the demand of Confucian scholars who tired of barbarian contact.
D. China took this action to eliminate the migration of Chinese people to other parts of the world.
Answer:
China took this action at the demand of Confucian scholars who tired of barbarian contact
Explanation:
What demonstrates that china stopped trading with other areas of the world and became isolated due to fear of cultural change is that "China took this action at the demand of Confucian scholars who tired of barbarian contact".
During this period, the Chinese Scholars felt that the people of their outside regions were uncultured and barbaric hence they must stay away from them so they won't affect their unique way of life.
