Agriculture and clothing are the two industries receiving protection.
Protectionism in agricultural trade takes numerous shapes from charges and red tape at the border to so-called non-tariff measures such as agricultural and nourishment security guidelines that surpass those suggested by international public health bodies. The World Trade Organization (WTO) does not set benchmarks but emphatically energizes part nations to utilize universally acknowledged science-based benchmarks at whatever point available along with that The textile and apparel sectors are the foremost ensured segments within the world. not at all like the assurance managed other manufactured items, the materials and apparel segments within the created nations show up to be the beneficiaries of changeless security. Beneath the MFA, trades from creating nations are restricted by sending out shares coming about from bilateral courses of action arranged with bringing in created nations. MFA was at first aiming to supply an efficient but controlled liberalization of universal exchange in materials and attire.
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Answer:
E. A shift to the right of the demand curve
Explanation:
Demand curve can shift to the right if income of consumers increase or price of commodity falls generally. In this case the price fell due to lower production cost. The scenario is broad enough to cause demand to shift to the right.
When a departmental approach is used, one will find that the selling price will always be <u>different</u>.
<h3>Why would the price be different?</h3>
- Each department incurs its own unique costs.
- These costs will be different across departments.
When these costs are therefore applied to the products made by these departments, the selling price will be different because the costs were different.
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(a) Earnings per share = Net income/ total number of shares
Net Income = 7,900,000
Total number of shares = 4.1 Million = 4,100,000
Earnings per share = 7,900,000/4,100,000 = $1.9268/share
Earnings per share = $1.93/share (Rounded to 2 decimals)
(b) Price earnings ratio = Price per share/ Earnings per share
Price per share= $54
Earnings per share = $1.9268
Price earnings ratio = 54/1.9268 = 28.03