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History, 24.06.2019 13:50 makayladurham19

Identity whether each scenano describes a drawback or an advantage of trade regulation benefit of trade regulations drawback of trade regulations melanie owns a juice and soda company. her country imposes tariffs on imported soft drinks melanie and her employees feel secure because they aren't threatened by heavy competition from foreign beverages chad owns a shoe factory. for 15 years, his country has blocked virtually all foreign shoes from entering the domestic market. chad does not feel the need to innovate and create new styles of shoes to offer variety to consumers. ravi has a unique vision for the future of smartphones. he believes his design can propel his nation to the top tier of smartphone exporters but he holds off on starting a manufacturing company because he thinks foreign competition has created an unfavorable climate for new companies. ravi gets lucky when his country enacts subsidies and protectionist policies for its high-tech industry. soon, ravi starts his own company and registers a patent for his design his product is a hit around the world sharon had saved enough money to buy a particular imported car, but her country recently imposed heavy tariffs on automobile imports. as a result, the price of her dream car shot up and she may have to consider buying a different car reset next

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