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Author Question: Which of the following statements is a characteristic of entrepreneurs? A) They are hardly ... (Read 47 times)

audragclark

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Which of the following statements is a characteristic of entrepreneurs?
 A) They are hardly interested in creating wealth for themselves.
  B) They create value for themselves at the expense of others.
  C) They have little or no impact on other people in the society.
  D) They produce a ripple effect that enriches everyone around them.

Question 2

Mention some of the most frequently cited reasons for restricting trade.



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amanda_14

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Answer to Question 1

D

Answer to Question 2

In addition to political reasons for trade embargoes, additional reasons include the chance to equalize a nation's balance of payments, to protect new or weak industries, and to protect national security. Also, protecting citizens' health, retaliation for another nation's trade restrictions, and protecting domestic jobs are also reasons for restricting trade.




audragclark

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Reply 2 on: Jul 14, 2018
Thanks for the timely response, appreciate it


bitingbit

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Reply 3 on: Yesterday
Excellent

 

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