1. Agriculture is one of the main industries that most countries try to protect. The WTO's Agriculture Agreement aims to open up agricultural trade and make policies more market-oriented. The Agricultural Agreement does allow governments some flexibility to continue protecting their domestic agricultural industries with tariffs, quotas, and subsidies, but it limits the types of protectionist policies that can be used. Consider a WTO member country with high tariffs and subsidies to protect its domestic agricultural industry. What would happen if that country lowered its tariffs on imported agricultural goods and cut back its subsidies? Name one potential benefit for the country's domestic economy, and one potential drawback or loss.

Answers

Answer 1
Answer: One potential benefit to this would be that the people are given more choices with regard to the products that they would want to buy. So if they prefer to buy a lot of foreign agricultural products, then more spending will incur. At the same time, local companies will fight back by making better products which will cause people to spend more. More spending means more taxes. The drawback here is that if the country does not greatly limit foreign goods from coming in, local companies will not survive. 
Answer 2
Answer:

Final answer:

Reducing high tariffs and subsidies can lead to enhanced competitiveness and economic efficiency. However, it can negatively impact domestic farmers leading to income and job losses.

Explanation:

If a WTO member country with high tariffs and subsidies to protect its domestic agricultural industry reduced these tariffs on imported agricultural goods and cut back subsidies, the domestic market would face a series of changes.

Potential benefit includes enhanced competitiveness of the economy. Reduction of tariffs could stimulate competition as imported goods become cheaper, pushing domestic producers to increase efficiency, innovation, and quality. Consumers could benefit from a wider variety and lower prices of goods.

However, a potential drawback could be a severe impact on domestic farmers. Absence of tariffs and subsidies could make imported goods cheaper than domestically-produced ones. This competition may lead to income and job losses in the agricultural sector, as they may struggle to price-match.

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What determines the value of an item?

Answers

The value of an item is in a perfect economy determined by the laws of supply and demand. The fewer there is of an item the higher the price will be, and vice versa. The higher the demand the higher the price will be, and vice versa. The highest value should thus be items that are low in supply and high in demand, and also vice versa.Hope this helps. Let me know if you need additional help!

The way in which people are introduced to the political culture of their nation is called what

Answers

Answer:

Political Socialization

Explanation:

We can define political Socialization as the learning process, by which the individual acquires from birth, the behaviors and attitudes related to the political structure of the society in which they live. This generates a political stability that is transmitted from generation to generation.

That would be political socialization.

Political socialization 
is the process by which people form their ideas about politics.

Hope this helps!

Which of the following is considered to be a "fundamental" rather than "immediate" cause of world war 1A. fighting in the balkins
B.assassination of arkuduke franz ferdidninan
C.formation of secret alliances
D.germany invasion of belgium

Answers

Correct answer:  C. Formation of secret alliances

The other items all fall more into the category of "immediate causes."

Explanation:

Pre-war alliances between European nations were made in secret and elevated diplomatic tensions within those governments.   Or sometimes the fact that alliances were being made was announced publicly -- but the negotiations about the alliances were conducted behind closed doors.  And often the terms of the alliances were kept secret, so that only the parties involved knew the full details.  This business of conspiring and posturing in regard to alliances contributed to an attitude of escalating nervousness and tension as the nations of Europe maneuvered for strength over against their perceived adversaries.  This was a fundamental problem that lay behind the ultimate outbreak of the Great War  (as World War I was called at the time it occurred).

Which of the following is an accurate description of the Industrial Revolution? the intense competition among large corporations for new customers, a war between the workers and the rich industrialists, the transition from an economy based on agriculture to one based on manufacturing, or a huge wave of immigration that dramatically changed the labor market

Answers

The transition from an economy based on agriculture to one based on manufacturing is an accurate description of the Industrial Revolution. The appropriate response is option C.

What is Industrial Revolution?

The word "industrial revolution" is a brief way to sum up a historical era that began in Great Britain in the 18th century and was marked by an apparent acceleration of progress. Numerous new tools and equipment were created as a result of the speeding up of technological innovation processes.

The advent of capitalism, European imperialism, attempts to mine coal, and the consequences of the Agricultural Revolution are some of the factors that historians have recognized as contributing to the Industrial Revolution.

The Industrial Revolution helped to widen the middle class by increasing total wealth and dispersing it more evenly than had been the case in previous ages.

Hence, the appropriate response is option C.

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Answer:

Explanation:

The phrase "Industrial Revolution" refers to the period of time in which countries made the transition from being agricultural societies to being industrial societies that relied on machinery. The Industrial Revolution began in Great Britain in the 18th century. The U.S. began industrializing in the early 19th century.

The person MOST responsible for bringing about the unification of Germany was __________.

Answers

The correct answer is Otto Von Bismarc. He was a 19th century German politican who managed to unite Germany under Prussian leadership. However, he decided not to fight for including Austria in this great German nation. He won the support of many by both having strong military tendencies, as well as liberal views about the Church and the development of culture.

What event led to full-scale involvement of the US in the Vietnam conflict?

Answers

Answer:

Hope this helps!

Explanation:

2-4, 1964: Two supposed incidents in the Gulf of Tonkin lead Johnson to seek congressional approval for direct U.S. involvement in Vietnam. March 8, 1965: First Marines land in Danang. Nov. 14-18, 1965: In the Ia Drang Valley, American troops fight their first large scale battles against the North Vietnamese Army.