1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
RoseWind [281]
2 years ago
6

Recall the four reasons some people favor trade restrictions. Give an example from the U.S. economy that you think best fits eac

h reasons
Business
1 answer:
Nookie1986 [14]2 years ago
7 0

Answer: See explanation

Explanation:

Trade restrictions simply means a way of protecting the local industries. This can be through imposition of tariffs on foreign goods, use of quota etc. The importance of trade restrictions are:

1. Trade restrictions are important in the protection of the infant indutries, that is, the young industries in a country that are just growing.

2. Trade restrictions is necessary to prevent dumping of goods. This mean selling of goods at lower prices or of low quality in a country. This gives such products an unfair advantage over other goods produced in the home country.

3. Trade restrictions is vital on order to protect the strategic indutries.

4. Trade restrictions is also vital in order to protect the jobs of the people in the country. When goods are imported rather than supporting local businesses, this can lead to unemployment as workers will lose their jobs.

You might be interested in
Anyone wants to talk with me
Makovka662 [10]

Answer:

Sure

Explanation:

I am a lonely 12 yr old

7 0
1 year ago
Read 2 more answers
In what order must the three key financial statements be prepared?
ra1l [238]

Answer:

D. income statement, statement of owner's equity, balance sheet is the correct answer.

Explanation:

6 0
3 years ago
Asset sales, Usage fees, Brokerage frees, and advertising are all ___?
lapo4ka [179]

Answer:

sources of business revenue

Explanation:

Revenue is the money a business gets from its normal trading activities.  It is the income a business obtains through the sales of goods and services to customers. Revenue includes discounts received and purchase returns.

The sale of an asset is revenue to a business because it will receive money from the transaction. Usage fees, Brokerage fees, and advertising are money that businesses receive for offering services.

7 0
3 years ago
Jeff works as a computer repair technician
lubasha [3.4K]
The answer to the question above as to what types of income does Jeff have if he works as a computer repair technician and he has money in a savings account and he owns some stock as an investment, Jeff gains his income through salary from his job as a repair technician, interest in the savings account and dividend in the stocks.
7 0
2 years ago
Read 2 more answers
What is the main motive behind dealer incentives?
lbvjy [14]
The main motive behind dealer incentives is to give the dealers a low price for stocking the companies products. The company that gives the biggest dealer incentive will attract more dealers to actively sell the product of that company. It can be seen in case of cars, the incentives given by the manufacturers to their dealers for stocking the cars.
3 0
2 years ago
Other questions:
  • Windsor Company took a physical inventory on December 31 and determined that goods costing $191,500 were on hand. Not included i
    7·1 answer
  • Claire purchases an eight-year callable bond with a 10% annual coupon rate payable semiannually. The bond has a face value of 3,
    13·1 answer
  • Ramona bowen was employed as a supervisor for comfort manufacturing. she was the only black supervisor in the plant. the other s
    14·1 answer
  • What is a phrase with examples​
    15·1 answer
  • What is the name of the most powerful can opener?
    10·2 answers
  • Sales and cost data are promising internal secondary data for many research problems. In B2B contexts, the______ is a gold mine
    11·1 answer
  • Give one example of a company that is allowed to sale shares to the public​
    13·1 answer
  • 7. Write at least two policies that a company could use to decide which customers to offer credit to. (1-2 sentences. 2.0 points
    7·1 answer
  • Find the EAR in each of the following cases (Use 365 days a year. Do not round intermediate calculations and enter your answers
    15·1 answer
  • Most insurance companies will waive surrender charges in the event EXCEPT:
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!