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Colt1911 [192]
3 years ago
5

Do the economic benefits of free trade outweigh the social costs?

Social Studies
1 answer:
mamaluj [8]3 years ago
8 0

The correct answer to this open question is the following.

Although there are no options attached we can say the following.

Do the economic benefits of free trade outweigh the social costs?

Not really, and it all depends on the perspective.

From the big companies and industrial side, free trade has been a success. Free trade has allowed thousands of companies to export their goods with cero import tariffs, benefiting the income. It has allowed multinational companies to go abroad and establishing branches in different parts of the world, basically in underdeveloped nations.

Once there, they paid very low salaries, much less than what they should have paid in their former countries, That is a reason why they moved to underdeveloped countries. So cheap labor is one reason. And other these multinational companies freely exploit the many raw materials and natural resources of that underdeveloped country.

Meanwhile, free trade makes rich people and corporations richer, and poor countries and poor people continue to be as poor as they have always been. No serious progress at all,

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Kevin Kangaroo begins hopping on a number line at 0. He wants to get to 1, but he can hop only 1/3 of the distance. Each hop tir
VLD [36.1K]

Answer:

\frac{211}{243}

Explanation:

This is called a series, to solve it you need to give the first hop which is going to move you 1/3 of the way, the you hop another time, this will move you 1/3 of the 2/3 missing, this means you have moved now:

\frac{1}{3}+ \frac{\frac{2}{3}}{3} =\frac{1}{3}+ \frac{2}{9}=\frac{5}{9}

and you are missing 4/9 of the way.

Next hope will move you 1/3 of the 4/9 missing, which is \frac{\frac{4}{9} }{3} = \frac{4}{27}, adding this to the path you have already moved is:

\frac{5}{9}+ \frac{4}{27} =\frac{19}{27}

and you are missing 8/27 of the way.

The fourth hop is the same, one third of the missing path:  \frac{\frac{8}{27} }{3} = \frac{8}{81}, and adding this to the traveled path:

\frac{19}{27}+ \frac{8}{81} =\frac{65}{81}

and you are missing 16/81 of the way.

The last and fifth hop is again one third of the missing path: \frac{\frac{16}{81} }{3} = \frac{16}{243}, and adding this to the already moved way:

\frac{65}{81}+ \frac{16}{243} =\frac{211}{243}

And you end here.

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A monarchy means that the power is with a king/queen, an autocracy is the rule of a small group and a dictatorship is an absolute rule that accept no challenge or criticism
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