0
I think trade barriers or tariffs because trade barriers prevent trade from occurring and tarriffs put a tax on imported goods.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
Is it true that without free trade the domestic price of a good must be equal to the world price of a good?
No, the opposite is true. Without free trade, i.e. with tariffs and trade restrictions, it's possible (and likely) for there to be an imbalance of supply and demand, leading to different prices at different locations. With free trade, imbalances in supply and demand will tend to even out, leveling the price to the extent that the cost of shipping allows.
Who Said Trade Trade No Free Trade?
i hate free trade and fair trade let them starve
What do supporters of free trade say?
Supporters of free trade say that free trade benefits the global economy.
What is the opposite of free market?
A free market economy
What is the same as unristricted trade?
free trade
Is it true that without free trade the domestic price of a good must be equal to the world price of a good?
No, the opposite is true. Without free trade, i.e. with tariffs and trade restrictions, it's possible (and likely) for there to be an imbalance of supply and demand, leading to different prices at different locations. With free trade, imbalances in supply and demand will tend to even out, leveling the price to the extent that the cost of shipping allows.
Who is presidential campaign slogan was tradetrade no free trade?
trade,trade,no free trade.
Who Said Trade Trade No Free Trade?
i hate free trade and fair trade let them starve
How do you use free-trade in a sentence?
Free-trade is happening all around the worldOr perhaps: Free-trade is free at all.
What do supporters of free trade say?
Supporters of free trade say that free trade benefits the global economy.
The efforts by the world trade organization on encourage free trade?
the efforts by the world trade organization on encourage free trade?
Is Canada's economy closer to free trade or command?
free trade
When was Free Trade Party created?
Free Trade Party was created in 1889.
When was Protection or Free Trade created?
Protection or Free Trade was created in 1886.
When did Free Trade Party end?
Free Trade Party ended in 1909.
What is the opposite of free market?
A free market economy
What is the opposite of free will?
Determinism, the belief that all events are determined by causes external to the will.
