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Agreements among companies to keep prices a certain level were know as what?

Agreements among companies to keep prices at a certain level are known as price-fixing. This practice is considered illegal in many jurisdictions because it restricts free market competition and can lead to higher prices for consumers. Price-fixing can involve formal agreements or informal understandings between competing firms. Antitrust laws are designed to prevent such anti-competitive behavior.


Fair trade is designed to help which group of people?

Fair trade is an organized social movement and market-based approach that help producers in developing countries make better trading conditions and promote sustainability.


Why does the IMF require countries to except economic policy recommendations young with the loan it gives?

The IMF requires countries to accept economic policy recommendations alongside loans to ensure that the borrowing nation can stabilize its economy and restore fiscal balance. These conditions are designed to promote sound economic management, reduce the risk of future crises, and enhance the likelihood of loan repayment. By implementing recommended policies, countries are better positioned to achieve sustainable growth and maintain financial stability, which ultimately benefits both the nation and the global economy.


What impacts did Adam Smith make to society?

Adam Smith created Capitalism, the very foundation for the US. Many other countries throughout the world use some form of Capitalism. Adam Smith designed and explained how all this works in his book The Wealth of Nations.


Who designed the us monetary system?

It was designed in 1944 by 730 delegates from 44 allied nations and was called the Brenton Woods System.

Related Questions

What is designed to monitor and enforce trade agreements called?

World Trade Organization


Why do you need rental agreements?

Rental agreements are designed to protect both parties and to set restrictions and rules so that no one is liable for the other's mess.


What type of research is designed specifically to test some developmental explanation and expand scientific knowledge?

Theoretical


What Agreements between Japan and the US between 1906 and 1909 were designed to support?

The open door policy (apex)


Agreements between Japan and the US between 1906 and the 1909 were designed to support what?

The open door policy (apex)


What are documented agreements containing technical specifications or other precise criteria that stipulate how a particular product or service should be designed or performed?

Standards


Are documented agreements containing technical specifications or other precise criteria that stipulate how a particular product or service should be designed or performed.?

Standards


Agreements between Japan and the United Stars between 1906 and 1909 were designed to support lolipop?

The Open Door policy.


What was NATO designed to do?

NATO was designed to safeguard the freedom and security of its member countries by political and military means. NATO also plays a very important role in crisis management and peacekeeping with countries.


Jerusalem was designed to belong to which two countries?

If the question is asking as to which two countries desperately claim Jerusalem to be theirs, the answer is: Israel and Palestine. However, Jerusalem was never designed to belong to two countries. Like all cities, it was designed to be a unified city. Every city that has been divided, from Berlin, to Vienna, to Nicosia, to Rome has suffered from having its urban structure divided between two different countries.


Jerusalem was designed to belong to which countries?

If the question is asking as to which two countries desperately claim Jerusalem to be theirs, the answer is: Israel and Palestine. However, Jerusalem was never designed to belong to two countries. Like all cities, it was designed to be a unified city. Every city that has been divided, from Berlin, to Vienna, to Nicosia, to Rome has suffered from having its urban structure divided between two different countries.


How can you compare and analyze theoretical and experimental probabilities?

There are a number of statistical tests that are designed for this purpose. The Chi-squared and Kolmogorov-Smirnov tests are two of the better known ways.