Business, 25.12.2020 17:40 wobblewobbley

International trade is the subject of much debate. Many economist favor encouraging international trade, citing the benefits gained by trade. However, there are economic arguments for limiting international trade with protectionism. Classify the given statements into the appropriate category. Arguments for promoting international trade Arguments for limiting international trade with protectionism

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Answer from: marlesly87

the arguments are missing, so I looked for similar questions and found:

The ability of a nation to consume more than it can produce domestically. ⇒ ARGUMENT FOR PROMOTING INTERNATIONAL TRADE. Excess production should be exported. The infant industry argument. ⇒ ARGUMENT FOR LIMITING INTERNATIONAL TRADE WITH PROTECTIONISM. Certain new industries should be protected until they mature and become leaders. Changes in productivity associated with specialization. ⇒ ARGUMENT FOR PROMOTING INTERNATIONAL TRADE. As specialization occurs, production output increases allowing for trade benefits. The potential for other governments to subsidize firms, enabling them to charge lower prices than domestic firms can. ⇒ ARGUMENT FOR LIMITING INTERNATIONAL TRADE WITH PROTECTIONISM. Since other countries subsidize their exports, we should impose tariffs to level the market. The national defense/interest argument. ⇒ ARGUMENT FOR LIMITING INTERNATIONAL TRADE WITH PROTECTIONISM. Some sectors are important and should be protected. Job loss in some labor markets. / Worries about domestic labor markets. ⇒ ARGUMENT FOR LIMITING INTERNATIONAL TRADE WITH PROTECTIONISM. Imported goods result in people losing their jobs.

Answer from: Quest

of the three mortgage options that demarco and tanya have to choose from, the balloon payment mortgage would be their best option, over adjustable payment and fixed payment plans.ultimately, the balloon payment plan would save demarco and tanya overall, in interest, would cost less monthly, and they would only have to make these payments for 8 years, opposing to 30 years for adjustable or fixed payment plans.

overall, demarco and tanya would save $80,811 if they chose balloon payments over fixed payments, and would save $116,711 if they choose balloon payments over adjustable payments. benefits with choosing fixed payments over adjustable payments is that, in the end, the payments will still be $836.30 a month, while with adjustable payments, the initial monthly payments will be $763.38 to $1082.70 a month, ultimately leading to a more costly purchase. benefits with choosing fixed payments over balloon payments are not present. benefits in choosing adjustable payments over is that it has a lower interest rate, and starts with lower monthly payments initially. benefits in choosing adjustable payments over balloon payments include a lower interest rate, and lower initial monthly payments. benefits in choosing balloon payments over fixed payments include lower interest rates, lower overall price, lower monthly payments, takes less time to pay off, and does not require a downpayment. benefits in choosing balloon payments over adjustable payments include, lower monthly payments (when averaged), takes less time to pay off, and lower overall price.

hence, option c, balloon payments, is the best option for demarco and tanya to make this purchase, for it will save them a minimum of $80811, and a maximum of $116,711.

Answer from: Quest

Answer i believe the answer is a theme;

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