The correct answers are as followed:
5) B) Tariffs and excise taxes- Hamilton felt that actions like tariffs (aka taxes on imported goods) would help to fund his economic plan and would also help protect American businesses against foreign competition.
6) D) He established a cabinet of people to oversee different areas of concern.- Washington established the presidential cabinet to help him make decisions. He included individuals with expertise in specific areas. For example, he hired Hamilton as Secretary of Treasure, in order to deal with issue regarding America's economy and commerce. Washington also hired Thomas Jefferson, Henry Knox, and Edmund Randolph.
9) D) It declared the United States neutral and would not get involved in others issues. - The first US government wanted to avoid foreign conflict, as America was a newly created nation with a somewhat weak military in comparison to countries like France and Great Britain.
10) A) The political parties that merge could become a cause of national division- Washington warned the US in his famous "Farewell Address" that political parties play on peoples emotions and cause them to act irrationally. He said that America should avoid political parties at all costs.
Is there any answer choices to choose from ?
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.
<span>The correct answer should be This act substantially lowered the price of tea sold in the colonies. Sure the act would drop prices, but it would also give Britain the monopoly over the trade so if the colonies wanted to trade with others they wouldn't be able to. Also, all the money would go to Britain so they didn't have much from it.</span>
President Grover Cleveland was responsible.
