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Ivahew [28]
2 years ago
9

9. Lobbying for or against trade restrictions Trade restrictions affect the overall welfare of an economy because they change th

e price consumers pay for a good and the quantity produced and consumed domestically. Trade restrictions, such as tariffs, usually benefit domestic and hurt domestic because they the domestic price of a good. True or False: Producers find it difficult to exert the political influence needed to establish trade restrictions because the benefits to producers are very small and widely dispersed, which makes it difficult for producers to organize. True False
Business
2 answers:
Verizon [17]2 years ago
7 0

Answer:

Lobbying for or against trade restrictions:

Trade restrictions affect the overall welfare of an economy because they change the price consumers pay for a good and the quantity produced and consumed domestically. Trade restrictions, such as tariffs, usually benefit domestic and hurt domestic because they the domestic price of a good.

<u>True </u>

Producers find it difficult to exert the political influence needed to establish trade restrictions because the benefits to producers are very small and widely dispersed, which makes it difficult for producers to organize.

<u>False</u>

Explanation:

Triss [41]2 years ago
7 0

Answer:

1. True

2. False

Explanation:

Hope this helps

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false Hedging, or lowering risk, is the same as increasing the firm's value or return.

<h3>How might currency risk be reduced through hedging?</h3>

hedging to reduce the risk of currency loss. Foreign exchange risk is an unavoidable reality for businesses doing business in other countries, although hedging can help reduce the risk. By taking a contrary position in a comparable asset, the hedging technique seeks to reduce risks associated with financial assets.

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4 0
1 year ago
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The answer is C.

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While luxury goods are goods that are really not essential. They are owned or bought for the sake of showing wealth or affluence. To Jane, gourmet cheese is a luxury good.

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Online companies create a ________consumers gain information that turns them into sophisticated customers, opportunities to cust
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Explanation: Hope this help:)

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