Preview 50% of the Answer Below
Answer Preview
Answers to Q3 and Q4 are correct. Have made them look different. In 3, have written a conclusion line at the end of each.
Q1: Has been improved a lot with examples.
Q2: The answer given in your attachment is not correct in entirety. Have corrected same.
(The same file is also attached).
Regards
Bilbo
NB: Give me a grade pls.
_____________________________
National XXXXXXX argument is the XXXXX Restriction argument which says that XXXXX with certain XXXXXX for certain goods should XXX be carried out. XXXX is XXXXXXX the XXXXX cannot XX trusted XXX XXX use XXXX XXXX buy XXX reasons other than originally stated. This may XXXX to a situation where XXX selling XXXXXXX’s XXXXXXX and/or internal XXXXXXXXX are threatened. XX example XX XXX XXXXXXXXXXX XXXXXXX selling XXXXXXXXX for refining Uranium XX XXX XXXXXXX XXXXXXX can XX XXXX XX make nuclear XXXXXXXX.
X>Declining Industry Argument
XXX XXXXXXXXX XXXXXXXX XXXXXXXX is XXX XXXXXXXX that once foreign made imported goods XXX XXXXXXX into the domestic market under free trade, XXX supply of XXXXX will far exceed their demand, which XXXX XXXX to XXXX in XXXXXX, the XXXXXX XX XXXX XXXXXXXXX XXXX the elasticity of XXX particular XXXX. Domestic industries XXXX XXX be able XX offer XXXXX products at prices competitive XXXXXX XXXXXXX of relatively XXXXXXXXX XXXXX, intellectual XXXXXXX costs, XXX. This will XXXXXXXXX XXXXXX in XXX XXXXXXXX XXXXXXXXXX closing down or diversifying, or in other words, a XXXXXXX XX XXXXXXXXXX growth in that particular XXXXXXX. XXX XXXXXXXX of the XXXXXXXX XXXXXXXXXXX, XXXXXXXXX toys XXXXXX XX XXXX XXXXX XXXX from XXXXX XX an XXXXXXX XX the XXXXXXXXX XXXXXXXX argument.
XXX XXXXXX Industry XXXXXXXX XXXXXX that a XXXXX-XX XXXXXXXX XXXXXX compete with established outside competitors, XXXXXXX XX an XXXXXX being unable XX compete with an XXXXX. The established industries have so XXXXXXXX their operations to get XXX maximum benefit XXXX XXX economics of scale; XXX XXXXXXXXXX XXX the XXXX efficient as regards XXX XXXXXXXXXX in XXX XXXXX of XXXXXXXXXXX, XXX. To compete XXXXXXX XXXXX established industries, the XXX start-XX XXXXXXXXXX require some XXXX XXXXXX which they XXXX up XXXXX XXXXXXXXXX. Therefore, XXX a pre-XXXXXXX XXXXXXX period, these XXXXXXXXXX XXXX to be protected (XXXX XXXXXX XXXXXX, tax XXXXXXXXXXX XX the XXXXXXX, XXX.). XXXXXX Industries XXXX XX be protected XXXXXX the XXXXXX economy was made XXXX. This XXXXXXXXXX used to be in XXX form XX
Answer XX XXX:
Pro trade protection XXXXXXXXX XXXXXX overall from XXXXXXXXX in logic. XXX XXXX XXXXXX in XXXXX of free trade XXX XX follows:
Images Not Shown Jobs may XX XXXX XX XXXXXXX imports but XX XXX same time, the XXXXXX XXXXXXXXXX XXX process create much XXXX jobs than the XXXX XXXX. These XXXXXXX jobs XXX in fields XXXX XX XXXXXXXXXXXXXX, XXXXXXXXX, retail, XXXXXXXXXXXX, and XXXXXXX, XXX in a myriad XX XXXXX XXXXXXXXXX. The imported goods first XXXX XX be transported, stored, converted, XXXXXXXXXXX, XXXXXXXXX XXXXXXXX XXX XXXXXXX retail XXXX purchase XXX XXX XX the XX Consumer.
Images Not Shown XXXXXXXXX XXXXXX XXXXXX goods XXXXX they have XXXXXXX XXXXXXXXXXX advantages and XXX basic advantage. The XXXX and XXXXX XXXXX on producing XXXXX with a XXXXX advantage, if spent upon producing goods with a comparative XXXXXXXXX, XXXX XXXXXX in more production XX the XXXXXX, more exports and more foreign XXXXXXXX.
Images Not Shown XXXXXXXXXXXXX gives consumers no choices XXX inefficient products. XXXXXXX competition, XXXXX are XXXXXXX XXXXXX old XXXXXXXXXX XXXXX thereby XXXXXXXXXX technology XXXX. Also, Innovation and creativity in manufacturing are frequent in the face XX competitor pressure.
The XXXX scenario XXXXX protectionism may XX XXXXXXXXX is in voluntary XXXXXXXXX against rogue XXXXXXX, generally XXXXXXXX by a XXXXX XX XXXXXXXXXX XXXXXXX. XXXXXXX, this is open to XXXXXX since it has been seen XXXX nations turn rogue on XXXXXXX of XXXXX XX dictators. Dictators are concerned XXXX XXXX XXXXX wellbeing XXX XXX the XXXXXX’s wellbeing. An XXXXXXX of XXXXX protectionism XX the &XXXXX;trade XXXXXXXXX’ XXXXXX by XXX XXXX against XXXX XXXXX its XXXXXXXX of XXXXXX on, XXXX 1990 to 2003.
XXXXXXX 18:
1a) XXXXXXXXXXX Trade XXXXXXX = XXXXX XXXXXXX- XXXXX XXXXXXX
= $350 - $2425 = (-)$2,XXX billion
XXX Merchandise XXXXX Balance XX $X,XXX.00 Billion of XXXXXXX.
b) XXXXXXX XX Goods &XXX; Services XX the Merchandise XXXXX Balance with XXXXXXXX XXXXXX XXXX considered
= ($350 + $2,145)-($ X,425+$XXX) = (-) $ 100 XXXXXXX
Balance XX Goods XXX Services is $XXX XXXXXXX imports.
(c ) XXXXXXX on XXXXXXX account = XXXXXXX XX Goods & Services + net XXXXXX and XXXXXXXXX
= (-$XXX) + $XXX.5 = $121.50 XXXXXXX
(d) XXXXXXXXX account XXXXXXX = XXXXXX in XXXXXXX Ownership XX US Assets - Change in US XXXXXXXXX XX XXXXXXX XXXXXX
= $XXX-$XXX
=(-) $145 XXXXXXX
Hence the XX XXX XXXX XXXXXX then XXXXXXXXXXX in XXX world.
(e ) SXXXXXXXXXX discrepancy = Balance XX Current XXXXXXX - Financial XXXXXXX Balance
= XXX.X-(-145) = 266.X XXXXXXX
2. a. A XXXX XXXX financier XXXX some U.S. XXXXXXXXX stock
Credit XXXXXXX (XX): XXXXXX in XXXXXXX XXXXX XXXXXX in US
XXXXX Account(XX): XXX XXXXXX and XXX XXXXXXXXX
b. A U.S. XXXXXXX in XXXXX buys some perfume to XXXX XXXX
Cr: Net XXXXXX XXX Net XXXXXXXXX
Dr: Merchandise Imports
XX: XXX Income XXX XXX XXXXXXXXX
XX: XXXXXXXXXXX XXXXXXX
Not XXXXXXXXXX XX this XX XXX a trade.
XX: XXXXXX in XXXXXXX XXXXX Assets in XX
Dr: XXX Income and XXX XXXXXXXXX
XX: Net XXXXXX XXX XXX XXXXXXXXX
Dr: XXXXXXX Imports
g. A X.S. XXXXXXX XXXXX XXXXXXXXX to a XXXXXXX XXXX
Cr: Export of Services
XX: XXX XXXXXX XXX Net Transfers
***********
">