answersLogoWhite

0

What else can I help you with?

Continue Learning about Economics
Related Questions

Arguments against economic integration world leader command?

Arguments against economic integration world leader command?


What are the economic and political arguments for regional economic integration?

geographic factors in various parts of the nation


What has the author Azimusshan Haider written?

Azimusshan Haider has written: 'Economic history of the region constituting Pakistan, from 1825 to 1974' -- subject(s): Economic conditions 'History of Karachi' -- subject(s): History


What are the economic and political arguments for regional economic integration Given these arguments why don't we see more integration in the world economy?

The economic case for regional integration is straightforward. Economic theories of international trade predict that unrestricted free trade will allow countries to specialize in the production of goods and services that they can produce most efficiently.


Should people be able to drill for oil in protected areas?

That is a debatable issue. There are economic arguments in favor of drilling for oil in protected areas, and environmental arguments against such drilling. My personal sympathies lie with the environmental arguments.


How legitimate trade fall and rise?

Legitimate trade can rise or fall due to various factors, including economic conditions, regulatory changes, and shifts in consumer demand. Economic growth often boosts legitimate trade as businesses expand and consumers have more purchasing power. Conversely, trade can decline during recessions or crises, when demand decreases and supply chains are disrupted. Additionally, trade policies and tariffs can significantly impact the flow of goods, either facilitating or hindering legitimate trade activities.


What are the arguments for and against regional integration?

Arguments for regional integration include enhanced economic cooperation, which can lead to increased trade, investment, and shared resources, ultimately fostering economic growth and stability. It can also promote political stability and peace among member states by fostering interdependence. Conversely, arguments against it include the potential loss of national sovereignty, as countries may have to cede decision-making power to regional institutions. Additionally, regional integration can exacerbate inequalities, as stronger economies may dominate weaker ones, potentially leading to economic disparities within the region.


Why do you think Oladuah Equiano used both moral and economic arguments to urge ending the slave trade?

Olaudah Equiano employed both moral and economic arguments to appeal to a broader audience in his campaign against the slave trade. By highlighting the inhumanity and moral degradation of slavery, he aimed to evoke empathy and ethical considerations among his readers. Simultaneously, he presented economic arguments showing that the abolition of the slave trade could lead to greater prosperity and efficiency, appealing to the interests of policymakers and merchants. This multifaceted approach allowed him to engage different stakeholders effectively and bolster the case for abolition.


What economic problem did new nation face?

They faced multiple problems...though the main ones were national debt,and the arguments over Government power balance.


What economic problems faced the new nation?

They faced multiple problems...though the main ones were national debt,and the arguments over Government power balance.


What are some of the major arguments for and against an open trading system?

Major arguments for an open trading system include the promotion of economic efficiency through comparative advantage, which allows countries to specialize in producing goods they can make most efficiently, leading to lower prices and greater variety for consumers. Additionally, it fosters innovation and competition, driving economic growth. Conversely, arguments against it highlight potential negative impacts on domestic industries, job losses due to outsourcing, and increased vulnerability to global economic fluctuations. Critics also raise concerns about environmental degradation and labor exploitation in countries with lax regulations.


What were the main components of Hamiltons economic plan?

The main components of Hamilton's economic plan were to raise tariffs, make states to agree to pay debts and create a national bank. There were different arguments regarding this plan but eventually Hamilton won.