This topic contains a solution. Click here to go to the answer

Author Question: The replacement of foreign manufactured goods by domestically manufactured goods is called _____. ... (Read 128 times)

waynest

  • Hero Member
  • *****
  • Posts: 553
The replacement of foreign manufactured goods by domestically manufactured goods is called _____.
 a. import swap
  b. export substitution
  c. primary production
  d. import substitution
  e. trade protectionism

Question 2

A tax in an industry would result in:
 a. a decrease in consumer surplus.
 b. a decrease in producer surplus
 c. a decrease in the gains from trade.
  d. all of the above.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

xiaomengxian

  • Sr. Member
  • ****
  • Posts: 311
Answer to Question 1

d

Answer to Question 2

d




waynest

  • Member
  • Posts: 553
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


parker125

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Excellent

 

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

For a complete list of videos, visit our video library