Pls help with 189 ~190 Question 189 of 190FINAL - Social StudiesThe United States has put quotas (limits) on the number of automobiles that foreigncountries can export to America. Which of the following is a belief that helps to justify thequotas?O A. The dollar amount of trade between other car-manufacturing countries is too low.O B. American manufacturers must be protected from unfair competition.C. Foreign manufacturers deserve to meet their own business needs.D. There should be no demand for foreign cars by American consumers.E. Exporting automobiles should not cost more than exporting other products.Question 190 of 190FINAL - Social StudiesIn recent years, the top two manufacturers of soft drinks, Coca-Cola and PepsiCo, eachsought to purchase the number three and four soft drink producers, Dr. Pepper andSeven-Up. However, the Federal Trade Commission prevented the takeover. Why do youthink the FTC refused the companies' attempts?The takeovers would...A. force the other smaller, independent bottlers to merge with one of the two giantsB. interfere with free competition in the soft drink industry among its four largestmanufacturersO C. reduce the quality and variety of the product offeredD. drive the prices up, forcing consumers to buy fewer soft drinksE. create a monopoly, concentrating merchandising power in the hands of a singlecompany

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Question 189 of 190 FINAL - Social Studies The United States has put quotas (limits) on the number of automobiles that foreign countries can export to America. Which of the following is a belief that helps to justify the quotas? A. The dollar amount of trade between other car-manufacturing countries is too low. B. American manufacturers must be protected from unfair competition. C. Foreign manufacturers deserve to meet their own business needs. D. There should be no demand for foreign cars by American consumers. E. Exporting automobiles should not cost more than exporting other products.

Question 189 of 190 FINAL - Social Studies The United States has put quotas (limits) on the number of automobiles that foreign countries can export to America. Which of the following is a belief that helps to justify the quotas? A. The dollar amount of trade between other car-manufacturing countries is too low. B. American manufacturers must be protected from unfair competition. C. Foreign manufacturers deserve to meet their own business needs. D. There should be no demand for foreign cars by American consumers. E. Exporting automobiles should not cost more than exporting other products.

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter9: Application: International Trade

Section: Chapter Questions

Problem 2PA

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Similar questions

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