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Ivahew [28]
3 years ago
10

What three reasons are protectionists likely to offer to support their position?

Business
1 answer:
Juli2301 [7.4K]3 years ago
4 0

Three reasons that the Protectionist offer to support their position is as follows: Imposing tariffs, campaign to support use of countries own produced products, and controlling the exchange rate in their country. This policies and reasons help their country to protect their own goods and will help their economy rise.

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For instance, the economists suggesting dropping the federal funds rate by 0.25% might have the backing of one half of the Fed and the other Economists, the other half. Arguments could therefore go on for weeks before a decision is made.

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Answer:

health

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If the price of sugar (ps) falls by $5, how does this affect the equilibrium price?
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If the price of sugar falls it will affect the quantity supplied of the sugar. As it will lead to the decrease in the supplied quantity.

<h3>What causes a fall in the equilibrium price?</h3>

A decrease in equilibrium demand and an increase in equilibrium supply will lead to a drop in equilibrium price, but the effect on equilibrium quantity is unpredictable.

Prices will drop because producers are ready to accept a lower price and consumers now place less value on the product, regardless of the amount.

Reduced demand will cause the equilibrium price to fall and the supply to increase.

Thus, it leads to the decrease in supplied quantity.

For more details about fall in the equilibrium price, click here:

brainly.com/question/14480835

#SPJ1

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