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.
Answer:
The answer is C. The cost of production to increase
Explanation:
Technology has deeply affected the global economy and its usage has been linked to marketplace transformation, improved living standards and more robust international trade. Hopefully this helps!
Answer: Gibbons v. Ogden, (1824), U.S. Supreme Court case establishing the principle that states cannot, by legislative enactment, interfere with the power of Congress to regulate commerce.
Answer:
Electronic media is now more easily accessible because people grow along with technology. At first it was emails, then pagers, then flip phones and now mobile phones and androids. The more intricate the technology becomes the more everyone wants them, not only because its a trend but because it makes peoples lives easier.
1- Reason number one electronic media has become more accessible to communities because its much more well known and widely and readily available with different price ranges.
2 -Technology has and is becoming more of a need and less of a want so people have to own them. meaning companies will now make and deliver even more products nationwide.
3-open mindedness. At first people tended to look away from electronic media, but it has become a point where we can no longer look away and we must become more open minded to using and having technology in our lives.
Explanation:
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