0
Economists oppose because besides gaining from trade there are some disadvantages that a nation face....
Free trade implies open access to the economy of any nation and thus the economy of a nation can be influenced by the activities of other nations...
trade helps nation in specialization of producing that goods in which it has comparative advantage i.e which it can produce with lower opportunity cost...
If a nation specialize in only one commodity production neglecting others then it would have to be dependable to other nations for other commodities..thus it may expand the economy of others but not its own...
often international trade becomes beneficial when one can get goods at lower price than its price in own country,but it causes the internal industries as well as economy to break down....
so to expand own economy as well as development a nation should restrict its trades protecting own industries....
What else can I help you with?
Why did the colonists oppose Britain's mercantile policies mercantilism?
It restricted their trade.
How do you explain why economists usually oppose controls on prices.?
Economists typically oppose price controls because they can lead to market distortions, such as shortages or surpluses. When prices are artificially capped, it can discourage production and investment, leading to reduced supply. Additionally, price controls can disrupt the natural mechanism of supply and demand, resulting in inefficiencies and misallocation of resources in the economy. Overall, economists argue that allowing prices to fluctuate freely helps maintain a balanced and efficient market.
Would a social darwinist support or oppose laissez-faire government policies?
A social Darwinist would likely support laissez-faire government policies, as both concepts emphasize the idea of competition and survival of the fittest. Social Darwinism applies the notion of natural selection to societies, suggesting that individuals and groups succeed or fail based on their inherent qualities. By advocating minimal government intervention, laissez-faire policies align with the belief that economic competition leads to the strongest and most capable individuals or businesses prevailing.
Why did farmers oppose tariffs?
Why did farmers oppose tariffs? Tarrifs would raise the proces for their goods & they worried that they would not make as much profit. By Kenny A.
Why might wealthy people oppose income taxes and poor people oppose sales taxes?
Each opposes the tax that would have the greatest effect on them.
What is the opposite word of allow?
oppose forbid restrict refuse prevent
Why did the colonists oppose Britain's mercantile policies mercantilism?
It restricted their trade.
How do you explain why economists usually oppose controls on prices.?
Economists typically oppose price controls because they can lead to market distortions, such as shortages or surpluses. When prices are artificially capped, it can discourage production and investment, leading to reduced supply. Additionally, price controls can disrupt the natural mechanism of supply and demand, resulting in inefficiencies and misallocation of resources in the economy. Overall, economists argue that allowing prices to fluctuate freely helps maintain a balanced and efficient market.
Why did other European nations form alliances to oppose France's plan to expand?
Other nations formed alliances to oppose France's expansion plans because France was threatening to dominate all of Europe.
Which native American nations no longer oppose the 2008 salmon plan?
The Aleuts nation.\
Why did the Americans oppose the League of Nations?
Americans opposed joining the League of Nations because they didn't want America to be involved with other countries' affairs.
Which 1807 act did Vermont oppose because it disrupted the state's trade with Canada?
Vermont opposed the Embargo Act of 1807 because it severely disrupted the state's trade with Canada, which was crucial for its economy. The act aimed to restrict trade with foreign nations, particularly Britain and France, but Vermont's geographic location and economic reliance on Canadian commerce made it particularly vulnerable to the negative effects of the embargo. This opposition highlighted the conflict between federal trade policies and local economic interests.
Why did Americans oppose of joining the league of nations?
Americans opposed joining the League of Nations because they didn't want America to be involved with other countries' affairs.
What is the role of the leader of opposition party in Canada?
To oppose the incumbent government and suggest other policies to the Canadian people.
Why might a citizen oppose the US government's involvement with the United Nations?
A citizen might oppose the US government's involvement with the United Nations due to concerns about national sovereignty, believing that international agreements could undermine the country's independence in decision-making. They may also fear that the UN's policies do not align with American values or interests, leading to unwanted obligations or compromises. Additionally, some may view the UN as inefficient or ineffective, arguing that resources spent on international cooperation could be better allocated domestically.
Which individual would oppose the populists suggestion of using the silver standard to back the nations currency?
Individuals who would oppose the populist suggestion of using the silver standard often include wealthy industrialists and bank owners who favored the gold standard. They believed that a gold-backed currency would ensure monetary stability and protect their financial interests. Additionally, economists who advocated for a more stable and deflationary monetary policy would argue against the potential inflationary effects of adopting a silver standard.
Why did other European nation form alliances to oppose Frances plans to expand?
Other nations formed alliances to oppose France's expansion plans because France was threatening to dominate all of Europe.
