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

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: How do you think countries can solve the problem on exportation, particularly on medical products,…

A: Exportation refers to the act of sending goods and services out of the country. A rise in the…

Q: Explain why, despite comparative cost disadvantages, countries might tend to protectionism for…

A: Protectionism : Protectionism refers to the deliberate practice of limiting imports or promoting…

Q: Why would protectionism cost jobs

A: The international trade would result in the exchange of the goods and services between one or more…

Q: How has the advent of containerized shipping changed world economics?

A: Containerisation refers to a process of freight transport. This improved means of trade was…

Q: What happens when the U.S. places economic sanctions on another country?

A: Economic sanctions are economic or financial punishments against the certain policies of a country.…

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: Analyse how protectionism can affect consumers in a country

A: Meaning of Trade: The term trade refers to the situation under which the products and goods are…

Q: Under what conditions would you advocate for trade restrictions?

A: Under what conditions would you advocate for trade restrictions? Countries use numerous strategies…

Q: In how many categories, imports have been classified?

A: Imports have been classified into categories:

Q: Do you believe that international economic sanctions are effective? Why?

A: The economic sanctions are followed to change the political and military behaviors of countries. The…

Q: What multilateral institution was created under the Bretton Wood system to manage the world economy?

A: Bretton Wood System Bretton wood agreement established a system called Bretton wood system. Through…

Q: How does protectionism affect world trade?

A: Trade refers to the buying and selling of goods and services with the domestic borders as well as…

Q: What is splitting up the value chain?

A: The value chain refers to the process of the production of goods. The value chain as the name…

Q: If trade benefits all countries, why do we have trade wars?

A: Trade benefits all those involved in trade as it makes it accessible for the countries to have a…

Q: Do consumers benefit from intra-industry trade?

A: Intra-industry trade refers to the trading or business which is happening between the same…

Q: Are the Bretton Woods institutions still capable of efficiently governing world trade?

A: The Bretton woods institutions were created to serve the economy with their financial support and…

Q: How can businesses determine the attractiveness of a foreign market?

A: The term market attractiveness is a concept that practices many factors to determine whether or not…

Q: Explain, how do international take on “lives of their own”?

A: International Organisation: It is a mix or assortment of autonomous political elements or sovereign…

Q: How exactly does a tariff work to restrict free trade? Who benefits from the tariff? Who is worse…

A: Answer to the question is as follows:

Q: How has the economic downturn affected trends in protectionism and nationalization?

A: An economic downturn can be understood as a general slowdown witnessed with an economy. This…

Q: Why do you think calls for protectionism are greater during sharp economic contractions than during…

A: Concepts:Protectionism Protectionism refers to the trade protection in which a nation reduces its…

Q: How did media impact the economic,political and cultural globalization?

A: Media is an entity that collects information and show it to  large group of viewers who can be the…

Q: Protectionism is most likely to be justified to

A: Introduction Protectionism. protectionism is used for the economical purpose in which any country…

Q: What are the opportunity cost of not providing for national security?

A: Opportunity cost is the benefit lost when one option is chosen over another. The idea is valuable…

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: By how much does the United States outspend its peers?

A: The Department of Defense's budget is a part of the US national budget. This budget is allocated to…

Q: What Is International Negotiation?

A: Negotiation refers to an act in which two or more parties who are at a disagreement offer and…

Q: liberalization and protectionism

A: Liberalization :- liberalization is the removal or reduction of restrictions or barriers on the free…

Q: Evaluate which protectionist method is best for an economy.

A: A nation's trade protectionist policy is a calculated and deliberate effort to limit imports while…

Q: Would the average Indian citizen prefer liberization or protectionism? Why would they choose one…

A: Economic liberalisation refers to the processes that encourage free trade, such as subsidy…

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: What measures do governments take to promote exports and restrict imports? Who benefifits and who…

A: There are various measures taken by the government to control imports and promote exports, which…