Zelzar has decided to end its policy of not trading with the rest of the world. When it ends its trade restrictions, it discovers that it is importing incense, exporting steel, and neither importing nor exporting rugs. Which groups in Zelzar are better off as a result of the new free-trade policy? A. Producers of incense and consumers of steel B. Consumers of all three goods C. Producers of steel and consumers of incense D. Consumers of incense and producers of rugs
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Zelzar has decided to end its policy of not trading with the rest of the world. When it ends its trade restrictions, it discovers that it ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Which of these increases the price of certain foreign-made goods? Question 7 options: an import tariff an excise tax a sales tax an income tax
Answers (1)
Delisa Corporation has two divisions: Division L and Division Q. Data from the most recent month appear below: Total CompanyDivision L Division Q Sales$491,000$148,000 $343,000 Variable expenses 263,660 78,440 185,220 Contribution margin 227,340
Answers (1)
The actual cost of living increase for a household will be:
Answers (1)
Common-size statements: Multiple Choice Reveal changes in the relative importance of each financial statement item to a base amount. Do not emphasize the relative importance of each item. Compare financial statements over time.
Answers (1)
How do consumers indirectly create manufacturing waste?
Answers (1)
New Questions in Business
Dougherty Corporation purchased a new delivery van for use in its dry-cleaning business. As part of the purchase of the van the following costs were incurred: Acquisition cost 30,000, Sales tax 1,800, Title transfer 250, paid to the company logo on
Answers (1)
Horatio Alger is the product manager for Brand X, a consumer product with a retail price of $1.20. Retail margins are 35% while wholesalers take an 11.5% margin.
Answers (1)
Explain what is meant by market research.
Answers (1)
Jean, a restaurant critic, publishes a review in a national daily that the sandwiches served at his friend's deli are usually not fresh. Tom, the owner of the deli, notices a significant decrease in customers after the review gets published.
Answers (1)
Why did the Soviet Union experience many surpluses and shortfalls? A) The labor force wasn't well educated B) The cold climate made farming hard C) Central planners could not manage every detail D) The country depended on imports to obtain resources.
Answers (1)