Indicate whether each outcome in the following table is or is not an objective of economic sanctions. Objective Not an Objective Outcome Protection against unfair trade Preservation of national security Prevention of tariff wars Combat international terrorism In 1985, Western countries imposed economic sanctions on South Africa with the goal of reforming the apartheid system. Prior to the sanctions, coal and agricultural goods were exported internationally by South Africa. The following graph shows South Africa's production possibilities frontier (PPF) before the sanctions were imposed. Drag the PPF curve on the following graph to show the effects of the imposed economic sanctions on South Africa's production possibilities frontier. Note: Select either end of the curve on the graph to make the endpoints appear. Then drag one or both endpoints to the desired position. Points will snap into position, so if you try to move a point and it snaps back to its original position, just drag it a little farther. Drag the PPF curve on the following graph to show the effects of the imposed economic sanctions on South Africa's production possibilities frontier. Note: Select either end of the curve on the graph to make the endpoints appear. Then drag one or both endpoints to the desired position. Points will snap into position, so if you try to move a point and it snaps back to its original position, just drag it a little farther. COAL (Tons) 200 180 160 140 88 100 O 80 8 40 20 0 0 20 PPF O 40 60 80 100 120 140 160 180 200 AGRICULTURAL PRODUCTS PPF Which of the following would impact the effectiveness of economic sanctions? Check all that apply. The number of nations imposing sanctions The relationships between the target nation and the imposing nations The extent of tariff wars
Indicate whether each outcome in the following table is or is not an objective of economic sanctions. Objective Not an Objective Outcome Protection against unfair trade Preservation of national security Prevention of tariff wars Combat international terrorism In 1985, Western countries imposed economic sanctions on South Africa with the goal of reforming the apartheid system. Prior to the sanctions, coal and agricultural goods were exported internationally by South Africa. The following graph shows South Africa's production possibilities frontier (PPF) before the sanctions were imposed. Drag the PPF curve on the following graph to show the effects of the imposed economic sanctions on South Africa's production possibilities frontier. Note: Select either end of the curve on the graph to make the endpoints appear. Then drag one or both endpoints to the desired position. Points will snap into position, so if you try to move a point and it snaps back to its original position, just drag it a little farther. Drag the PPF curve on the following graph to show the effects of the imposed economic sanctions on South Africa's production possibilities frontier. Note: Select either end of the curve on the graph to make the endpoints appear. Then drag one or both endpoints to the desired position. Points will snap into position, so if you try to move a point and it snaps back to its original position, just drag it a little farther. COAL (Tons) 200 180 160 140 88 100 O 80 8 40 20 0 0 20 PPF O 40 60 80 100 120 140 160 180 200 AGRICULTURAL PRODUCTS PPF Which of the following would impact the effectiveness of economic sanctions? Check all that apply. The number of nations imposing sanctions The relationships between the target nation and the imposing nations The extent of tariff wars
Principles of Economics, 7th Edition (MindTap Course List)
7th Edition
ISBN:9781285165875
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter9: Application: International Trade
Section: Chapter Questions
Problem 4PA
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