Social Studies
Social Studies, 21.06.2019 13:50, dave9811

Which of the following statements is true? a)free trade causes contraction of the export-oriented sector. b)free trade causes contraction in the import-competing sector. c)free trade restricts consumption choices of the domestic consumers. d)all the domestic producers benefit when a country engages in free trade.

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Business, 14.07.2019 09:30, m3lp3l
Which of the following statements about free trade is correct a. free trade encourages growth by promoting the rapid spread of new concepts and innovations b.free trade discourages growth compared to circumstances where the government strongly controls foreign trade. c. free trade discourages growth by increasing competitive pressures on domestic firms. d. free trade encourages growth by effectively eliminating all patent and copyright barriers to growth
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Business, 27.09.2019 01:20, roneesmith2016
Which of the following statements is true? free trade causes contraction of the export-oriented sector. free trade causes contraction in the import-competing sector. free trade restricts consumption choices of the domestic consumers. all the domestic producers benefit when a country engages in free trade.
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Business, 18.10.2019 18:30, KalistaBab
9) which of the following statements is true? a) free trade is beneficial only if your country is strong enough to stand up to foreign competition. b) free trade is beneficial only if your competitor does not pay unreasonably low wages. c) free trade is beneficial only if both countries have access to the same technology. d) free trade is never beneficial for developing countries. e) free trade can be beneficial to the economic welfare of all countries involved
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Business, 31.10.2019 00:31, emilymendes546
2. winners and losers from free trade consider the market for meekers in the imaginary economy of meeker town. in the absence of international trade, the domestic price of meekers is $28. suppose that the world price of meekers is $35. assume that meekertown is too small to influence the world price of meekers once it enters the international market. if meekertown allows free trade, then it will export meekers. given current economic conditions in meekertown, complete the following table by indicating whether each of the statements is true or false. meeker townian consumers were worse off without free trade than they are with it. meeker towns producers are worse off under free trade than they were before. when a country is too small to affect the world price, allowing free trade will have a non-negative effect on total surplus in that country, regardless of whether it imports or exports as a result of international trade.
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