Answer: It is a belief of profitable trading known as commercialism.
Explanation:
Answer:
C. When excess capacity exists, cost can increase
Explanation:
The only False statement in all the given four statement is option C that is When excess capacity exists, cost can increase.
Clearly, the above statement is false because when by the principle of economies of scale at higher capacity, the overall cost of production decreases. ( in simple terms, higher the supply, lesser will be the demand.)
Answer:
Tariffs mainly benefit the importing countries, as they are the ones setting the policy and receiving the money. The primary benefit is that tariffs produce revenue on goods and services brought into the country. Tariffs can also serve as an opening point for negotiations between two countries.The increased production and higher price lead to domestic increases in employment and consumer spending. The tariffs also increase government revenues that can be used to the benefit of the economy. All of this sounds positive.
Explanation:
The US did not want to get involved in the war but then they were forced to when Japan attacked Pearl Harbor
I think it was the us constitution if I’m wrong plz let me know.
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