Today, supporters of free trade defend it as the policy that best represents the public interest. Yet in the early years of the nation, high tariffs were widely accepted as best for the nation even though they restricted trade. What are the arguments in favor of free trade versus restrictions on trade? Do the advocates of restrictions on free trade always favor narrow special interests or do they favor the greater public interest? Does President Trump's use of tariffs, for example, against Chinese steel, help or hurt America's interests?

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Answer 1

Answer:

Free trade enables countries to obtain goods at a cheaper price. This leads to a rise in the standard of living of people of the world. Thus, free trade leads ...

Explanation:


Related Questions

Please this is for my cumulative exam

Why was New Mexico important to the Spaniards?

A. New Mexico provided water to the southern neighbors.

B. New Mexico was a defensive buffer between New Spain and other explorers.

C New Mexico produced crops and goods desired in Mexico.

D. New Mexico was important because the friars had mined so much gold.

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Answer: The answer is B, New Mexico was a defensive buffer between New Spain and other explorers.

how many people in the world

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more than 7 billion....

There are over 7 billion people in the world

Why were armies positions moved so little during WWl

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Answer: neither army could advance its position, mainly because war was being waged in a very different way than it had been during the 19th century. Forward-moving strategies such as head-on infantry attacks were no longer effective or feasible against modern weaponry such as machine guns and heavy artillery.

Explanation:

Why did the German Mark inflate so rapidly ?

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Because in order to pay the allies they had to print more and more money which made the German mark basically worthless
Germany was already suffering from high levels of inflation due to the effects of the war and the increasing government debt. ... In order to pay the striking workers the government simply printed more money. This flood of money led to hyperinflation as the more money was printed, the more prices rose.

Briefly, why did the Russians develop their own religion?

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Answer:

The Soviet Union was established by the Bolsheviks in 1922, in place of the Russian Empire. At the time of the 1917 Revolution, the Russian Orthodox Church was deeply integrated into the autocratic state, enjoying official status. This was a significant factor that contributed to the Bolshevik attitude to religion and the steps they took to control it.[1] Thus the USSR became the first state to have as one objective of its official ideology the elimination of existing religion, and the prevention of future implanting of religious belief, with the goal of establishing state atheism (gosateizm).

A trait that stuck around because the people who possessed it were better able to survive and pass on their genes. Humans may have developed religion as a way to promote cooperation in social groups, Dunbar said.

Explanation:

Hope this helps you !!

Answer:

The Russian Orthodox Church Abroad was formed in the 1920s by Russian communities outside Communist Russia who refused to recognize the authority of the Russian Orthodox Church, as they believed it had fallen under the influence of the Bolsheviks.

Hope that helps. x

What political reform allows citizens to vote on taxes?

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Vote on taxes as in where there every tax dollar goes— or as in tax initiatives within local governments?

When the North Vietnamese attacked Phuoc Long, they were testing the United States to see if the U.S. would _____.

send the U.S.S. Maddox to the Gulf of Tonkin
invade Cambodia
send military advisors to the NLF
reenter the conflict

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Answer:

Reenter the conflict

Explanation:

When the North Vietnamese attacked Phuoc Long, they were testing the United States to see if the U.S. would reenter the conflict.

After the United States did not respond to the fall of Phuoc Long province, the North Vietnamese concluded that the United States would not reenter the conflict in Vietnam.


The way all jobs in modern society are connected to other jobs is called

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answer: division of labor

The Swedish and———-
were the first settlers in New York.

Dutch
Irish
German

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Answer:

I think the Swedish and Dutch were the first!

Explanation:

what four bodies of water bordered the Khanate of the Great Khan?​

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Answer: Sea of Japan, Yellow Sea, East China Sea, South China Sea

The "Khanate of the Great Khan" is likely referring to the Mongol Empire under Genghis Khan and his successors. some of the significant bodies of water that bordered its various territories included the Caspian Sea, the Black Sea, Caspian Gates, and the Pacific Ocean.

Some of the significant water bodies that surrounded the various Mongol empire at their height were as follows:

Caspian Sea: The Caspian Sea bordered sections of Central Asia and modern-day Iran to the west of the Mongol Empire.

Black Sea: The Black Sea surrounded the westernmost regions of the Mongol Empire, including Crimea and westernmost Russia.

The Caspian Gates, a famous mountain pass through the Caucasus Mountains, served as a natural border between the northern and southern provinces of the Mongol Empire.

Pacific Ocean: The easternmost provinces of the Mongol Empire, including sections of China and eastern Mongolia, bordered the Pacific Ocean to the east.

Learn more about the Mongol empire here:

https://brainly.com/question/30188039

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