You are the Minister for Trade and Industry for a small developing nation. Economic fortunes are not in your country’s favor at this time. You are under pressure to intervene with a series of measures to protect domestic businesses. In the past, it has been the practice to restrict interventions and rely on a free market economy. Business closures, poor export figures, and growing unemployment is forcing your hand. Nationalists are demanding immediate action against overseas corporations to deter them from taking advantage of the situation. Trade unions are demanding job and wage protection. You wish to have the minimum impact on the functioning of the free market, but recognize that more drastic action might be necessary at a later date. Questions:

1). The country’s infant agricultural sector needs particular protection. What are the problems with protecting infant sectors?

2). Which of the three main problems is the most dangerous to the government?

3). What is the likely reaction of trading partners if your country decides to impose trade restrictions of some sort on them?

Ticker services began operations in 2015 and maintains long-term investments in available-for-sale securities. the year-end cost and fair values for its portfolio of these investments follow.portfolio of available-for-sale securities cost fair valuedecember 31, 2015 $ 369,060 $ 357,988 december 31, 2016 420,728 445,972 december 31, 2017 572,190 676,901 december 31, 2018 864,007 768,966 prepare journal entries to record each year-end fair value adjustment for these securities.calculation adjustment required to fair value adjustment.12/31/15 existing balance in fair value adjustment-afs (lt) required balance in fair value adjustment-afs (lt) adjustment required to fair value adjustment-afs (lt) 12/31/16 existing balance in fair value adjustment-afs (lt) required balance in fair value adjustment-afs (lt) adjustment required to fair value adjustment-afs (lt) 12/31/17 existing balance in fair value adjustment-afs (lt) required balance in fair value adjustment-afs (lt) adjustment required to fair value adjustment-afs (lt) 12/31/18 existing balance in fair value adjustment-afs (lt) required balance in fair value adjustment-afs (lt) adjustment required to fair value adjustment-afs (lt) record the year-end adjusting entry for the securities portfolio as of december 31, 2015.date general journal debit creditdec 31, 2015 record the year-end adjusting entry for the securities portfolio as of december 31, 2016.date general journal debit creditdec 31, 2016 record the year-end adjusting entry for the securities portfolio as of december 31, 2017.date general journal debit creditdec 31, 2017 record the year-end adjusting entry for the securities portfolio as of december 31, 2018.date general journal debit creditdec 31, 2018