« previous next »

Author Question: When trade is free (unimpeded by government-instituted barriers) how are the patterns of trade and ... (Read 107 times)

Jipu 123

  • Hero Member
  • *****
  • Posts: 569
on: Jun 29, 2018
When trade is free (unimpeded by government-instituted barriers) how are the patterns of trade and trade flows determined?
 
  What will be an ideal response?

Question 2

How does the decreasing use of DVD players affect the market for prerecorded DVDs?
 
  A) The demand curve for prerecorded DVDs shifts to the left.
  B) The quantity of prerecorded DVDs demanded decreases.
  C) The quantity of prerecorded DVDs demanded increases.
  D) The demand curve for prerecorded DVDs shifts to the right.


vickyvicksss

  • Sr. Member
  • ****
  • Posts: 351
Reply #1 on: Jun 29, 2018
Answer to Question 1

The patterns of trade and trade flows result from the independent decisions of thousands of importers and exporters and millions of private households and firms.

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Plasma protein binding and drug availability: (a) drug exists in a free state or bound to plasma pro Plasma protein binding and drug availability: (a) drug exists in a free state or bound to plasma pro
The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
Free Energy Rules: The Second Law in Open Systems Free Energy Rules: The Second Law in Open Systems
Biological Diversity: Complex patterns of diversity Biological Diversity: Complex patterns of diversity
Government in America: People, Politics, and Policy, AP Government in America: People, Politics, and Policy, AP
First-order sensory neuron with free nerve endings First-order sensory neuron with free nerve endings
Video: Major Elements in Biological Molecules: Lipids

For a complete list of videos, visit our video library