Answer:
A by causing real median household incomes to decline
C by limiting consumer choice
Explanation:
Negative effects of trade barriers (protectionism) policies include the following:
- weakening competition in the domestic market, and, consequently, incentives to improve production decsrease;
- the welfare of the population is decreasing due the rise in price of imported goods and the relative high cost of domestic goods, the deterioration of the quality of domestic goods, and the restriction of the freedom of choice of consumers;
- the country will suffer large losses due to the non-use of the absolute and relative advantages of the international division of labor and exchange.
This is confirmed, in particular, by the fact that after the Second World War, the gradual removal of trade barriers, such as tariffs and quotas, stimulated growth and increased the level of welfare wherever this happened, partly due to the expansion of the choice of goods for the population at lower prices. More importantly, trade also had a powerful beneficial effect on productivity, that is, on the efficient use of world resources for the production of economic goods.
Answer:
1. They needed a fair way to trade with other regions.
2. They used to trade with goods but that way of bartering became very confusing, so they created a currency to simplify this.
3. This use of currency could save time and energy for citizens who used to have to lug around heavy carts full of livestock or luggage.
4. The Ancient Phoenicians culture was based around the bartering and trade system. While this was fine for the time being the Phoenicians soon had a need for a modernized value. This is where the coin was brought into play which created a needed symbol of hard work and time spent.
Explanation:
Hope this helped you out and good luck with your studies! :)
Answer:
Charts: A way display of information or data, most often regarding numbers.
Diagram: A visual representation to explain a process or idea
Bar graphs: Graphs that have vertical bars to show data such as change over time, quantities, temperatures etc.
Line graphs: A sequence of points going horizontally across a graph, connected to make one line. Line graphs can also be used to track changes over time, quantities, temperature, etc.
Pie graphs: A graph used to show parts of a whole or percentages, represented by taking “pieces of the whole pie”.
Hope this was what you were looking for! :D
Explanation:
Answer:
But as for Jay's Treaty, it was once the Americans and Spanish who had been indignant about it. US residents felt that the treaty used to be too recommended to Britain and harmful to the US. Spain was once upset that the US was once forming treaties with its enemy, Britain, so they then signed Pickney's Treaty with the US to even matters up.
Explanation:
Caravel:The Caravel was a ship that had many uses. These ships were from small to medium. They could be used as cargo ships, warships, patrol or dispatch boats and also pirate ships. They were mainly used for fishing. The Caravel was from 50 to 200 tons. These ships were cheap and you could get them in shape for working very easily. They were known for their speed and maneuverability. So these ships were used by explorers to explore.
Galleon:This ship came was developed/came in use during the 16th century. The Galleon was developed from ships such as the Caravel and Carrack. These ships were known for their ability to change during different circumstances. So if you had a Galleon and you were in times of peace you could use it to do trading, fishing, etc. If you were in times of war you could convert it and make it a war ship. These ships had more ribs and bracings which helped them withstand gunfire. So these ships were good because they were fast and could easily convert/change as per the circumstances.
