What are trade barriers in particular tariffs, quotas and non-tariff barriers. Explain what trade barriers are and explain the measures companies could take to overcome trade barriers these challenges.

Q: price of $4.61 per pound, the supply for cherries is 16,107 pounds, and the demand is 10,362 pounds.…

A: Given  At price P1=$4.61: Q1d=10,362 and Q1s=16,107 At price P2=$4.18: Q2d=12,724 and Q2s=10,789 The…

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A: The correct answer is given in the second step.

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A: Given; Utility function; u=3x1+x1x2+2x2 Budget constraint; p1x1+p2x2=B Utility will be maximized…

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A: Answer is given below

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A:

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A: Real GDP is the market value of final goods and services produced in the economy within a given…

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A: Marginal propensity to consume is the ratio of change in consumption and change in income. On the…

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A: Introduction We have given two demand function of a firm where one has price discrimination and…

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A: Since you have posted multiple questions, as per the guidelines we can solve only one question per…

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A: In an economy, business cycle fluctuations refers to the changes in the equilibrium condition due to…

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A: Economic growth is defined as a rise in real value and real per capital income over time. When…

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A: A new factory in a small town has an annual payroll of $6 million. It is expected that 60% of this…

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A: When there is an increase in the overall prices in an economy due to exchange rate effect than goods…

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A: Equilibrium in the economy reaches where goods market and money market are in equilibrium. For goods…

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A: Annual Equivalent Rate or AER refers to the interest rate applicable for a savings account or the…

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A: Capitalized cost refers to the cost that is assed to the cost for a fixed asset in a balance sheet…

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A: Option A: labour Mobility was lower than today because transportation was more expensive.

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A: Exchange rate: - the exchange rate is the rate at which the currency of one country can be exchanged…

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A:

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A: Given present value of loan = 56225 PHP Future value = 65000 PHP Interest rate = 6 % Time = ?

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A: When Cross price elasticity of demand is positive then goods are substitute on the other when cross…

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A: Generally, those who have higher wages are people with more human capital. Hence, more schooling as…

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A: Malthusian Population Trap or Malthusian Trap refers that with advanced agricultural techniques food…

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A: Answer: Given, Demand function: Q=1,200-800P+2AA=$500Current price=$1.50 per bagMarginal cost…

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Q: Listen carefully to the podcast titled 'Is America losing faith in Free Trade?". What would help…

A: Free trade is a trade policy that does not restrict imports or exports.

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Q: What is the Samuelson Rule? Why does the market outcome, based on the actions of rational,…

A: Answer -   Public Goods :- Public goods are those goods that can not be exhausted by the usage and…

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A: The consumer price index (CPI) basically measure changes in the prices of goods and services…

Q: f you deposit $10,000 in a bank account that pays a 2% interest compounded monthly for five years,…

A: Deposit = 10,000 Interest rate = 2% compound monthly Time period = 5 years Inflation Rate = 5%