Business, 28.02.2020 19:32 deena7

The United States practices "sugar protectionism" by A. banning sugar imports. B. charging sugar exporters a flat license fee to be able to export sugar in the United States. C. encouraging sugar exporting countries to use voluntary export restraints. D. imposing a quota on sugar imports.

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Answer from: stormhorn491

D. Imposing a quota on sugar imports.

Explanation:

The correct answer to the question is D. Imposing a quota on sugar imports. United States imposes a quota on sugar imports to regulate the supply and demand of sugar in the country. This practice is adopted by the United States known as "Sugar Protectionism".

Answer from: lw057080

The correct answer is letter "D": imposing a quota on sugar imports.

Explanation:

Quota means limits on the number of goods that can be imported into, or exported from, a nation over a certain period. Countries make use of quotas to protect domestic firms. The sugar-import quotas imposed in the U.S. are considered a burden since it implies raising the price of candy which eventually will be paid out of the consumers' pockets.

Answer from: Quest

1 all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

Answer from: Quest

True i took the test already

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The United States practices "sugar protectionism" by A. banning sugar imports. B. charging sugar exp...

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