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How can you know that the benefits to the economy from free trade are greater than the benefits accruing to the domestic industry that is protected from foreign competition?
ZQN
You don't. China's GDP has been growing 10% every year for the last fifty years, while America's economy is crumbling. Free trade is like letting a bunch of kids drive a car.
Wiki User
∙ 13y ago
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When a country currency depreciates who benefits the the most?
businesses that sell their goods in the domestic market will benefit as they now experience less price competition from importers because prices of imported goods and services are likely to rise on the domestic market.
Why do tariffs result in benefits for domestic producers but costs for domestic consumers?
They just do
What is the purpose of government subsidy?
To protect domestic producers against international competition
What is intended to protect domestic industry?
PROTECTIVE tariff
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Trade barriers can help developing domestic sectors of an economy by providing protection against global competition.
What is the purpose of Subsidies?
To protect domestic producers against international competition
When a country currency depreciates who benefits the the most?
businesses that sell their goods in the domestic market will benefit as they now experience less price competition from importers because prices of imported goods and services are likely to rise on the domestic market.
Does IBM offer domestic partner benefits?
Yes, IBM offers domestic partner benefits.
Which six relationships are protected by the domestic violence act?
All forms of relationship are protected under the domestic violence act. The law is made for all.
Why do tariffs result in benefits for domestic producers but costs for domestic consumers?
They just do
How much money did Friends with Benefits gross domestically?
Friends with Benefits grossed $55,802,754 in the domestic market.
Does Xerox Corporation offer domestic partner benefits?
Yes, it offers the same benefits to domestic partners (both same-sex and opposite sex) as it does to spouses.
What state would you find the most benefits for your domestic partner?
California, Nevada, Washington and Oregon currently provide the most comprehensive benefits for domestic partners.
Does Yahoo Inc offer domestic partner benefits?
Yes, Yahoo offers the same benefits to domestic partners (both same-sex and opposite sex) as it does to spouses.
Can basketball be coed?
Yes - basketball can be co-ed. But only in domestic competition. :)
What is the purpose of government subsidy?
To protect domestic producers against international competition
In Florida can a domestic partner get health coverage?
Yes. They can get it from an employer, if the employer voluntarily offers domestic partner benefits.
