market. North Korea, Cuba- United States- Germany, Franc

Q: What goal of foreign policy is being achieved in the following example: United Nations (UN)…

A: The aim of United Nations (UN) is to promote security and peace among the nations. It promotes…

Q: a. mixed b. free market c. command market 2. In a economy, prices are determined by consumers,…

A: The economics as a study is based upon the basic idea that the resources which are present with the…

Q: flaws of capitalism and socialism?

A: Socialism - The government uses to manage money and economic resources in a socialist economy. The…

Q: is the main reason why trade is a pretty weak foundation for which to build a polity (state)?…

A: Explanation:- Reson of follows bellow •Trade may be a pretty weak foundation that to make a polity…

Q: Which of the following best explains how subsidies work as a trade restriction? A)They increase…

A: Economist argues that the world resources are optimally utilized under free trade because under free…

Q: How do laws and politics affect the trade between states?

A: Worldwide alternate laws create the rules that international locations and groups need to comply…

Q: Why are some economists who favor free trade concerned about the proliferation of regional trade…

A: Some economists favor the free trade situation and they are concerned about the proliferation of…

Q: Why do countries place restrictions on international trade?

A: Introduction :  The exchange of commodities and services between countries is known as international…

Q: Why should the United States feel the need to trade with other nations when so much can be grown and…

A: International trade: - it means the buying and selling of goods and services with other countries.

Q: Some Basic Facts about Trade?

A: Trade is a basic concept in economical activity, trade is defined as the exchange of goods and…

Q: Imagine that the leaders of a poor nation with a centrally planned economy become willing to try a…

A:

Q: Why do nations engage in international trade?

A: Absolute advantage refers to the ability of the country to produce more units of good than other…

Q: 2) The nation listed below whose economy currently comes closest to a free market isa. North…

A: An economy where the production and labour is determined by market forces or the law of supply and…

Q: Examine the meaning of the word "free" in "free trade" what is free about it? who is it free for?…

A: Imports and exports are not controlled under a free trade regime. It can also be defined as the…

Q: Why does free trade can foster the rise f populism?

A: Free trade occurs where trade restrictions are minimum or negligible. Goods and services flow from…

Q: Give an example of how free trade does not always produce “winners.”

A: Free trade refers to when there are no tariffs, quotas, or other restrictions when items and…

Q: Why people support in illegal trade is a lucrative form of business?

A: A British traveler on tropical seashore models for a photograph with a charming monkey-like…

Q: Consider a nation in which you could choose to live in one of two places:  1) By the sea 2) Inside…

A: Taste and preference is the factor of the demand curve. It means demand increases due to favorable…

Q: What are the market failures in Barbados?

A: Introduction: Market failure in economics is a situation defined by the inefficient distribution of…

Q: How democracy effect economy of any country? Explain with logical examples.

A: In democratic country the people of the nation have the power to decide the institution, and the…

Q: In what ways has free trade helped the economy? In what ways has free trade hurt the economy?

A: Trade takes place between countries. In trade there is export and import of goods and services…

Q: Under what circumstances can a state impose a tax on goods that are imported into the state from…

A: Trade barriers refer to the trade restrictions that can be either tariff barriers or non-tariff…

Q: What goal of foreign policy is being achieved in the following example: US and UN troops oversaw…

A: Answer: In the given example US and UN oversaw the elections to ensure it was held in a fair manner.…

Q: Choose a Trade block of your choice and explain in more detail its history, its goals and its…

A: Trading blocks are a type of economic integration that are increasingly influencing global trade…

Q: What goal of foreign policy is being achieved in the following example: United Nations (UN)…

A: The general objectives that tend to guide the activities of one state being in interaction with the…

Q: How does the transformation of society toward socialism allow workers to freely sell their labor?

A: The primary aim of socialism is to remove disparities or inequality among people by controlling or…

Q: Can a government influence the international trade of a country? How?

A: Most of the economists argue that free trade is always beneficial as the consumers are able to get…

Q: Is it justified that Russia is invading Ukraine? Why?

A: Relations between these (Russian and Ukrain) two countries have been difficult since the 2014…

Q: why the production subsidy does not change world prices, but the export subsidy can do?

A: By partially compensating production costs or losses, a production subsidy motivates suppliers to…

Q: What are the arguments for and against free trade? How to evaluate these varguments?

A:

Q: Why do governments intervene in trade?

A: International trade: - it means the buying and selling of goods and services with other countries.

Q: economy which does not engage in the nternational trade -ne word

A: According to the given question In simple words we can say that international trade is exchange of…

Q: After the American Revolution, most Indigenous people: a. recognized the U.S. as an independent…

A: American revolution refers to the action of the people of America against to colonies of British and…

Q: Why do you study comparative politics? Describe why in 3-5 sentences.

A: Comparative politics is a field of political science, as it is characterized either by the use of…

Q: Would the car company toyota prefer liberization or protectionism? Why would they choose one over…

A: In an economy, Liberalization refers to the opening of the economies for trade activities, while…