kaywhit123
Answered

Welcome to Westonci.ca, where curiosity meets expertise. Ask any question and receive fast, accurate answers from our knowledgeable community. Discover the answers you need from a community of experts ready to help you with their knowledge and experience in various fields. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

## Submission: International Trade and Regulations

### Instructions:
Create a one-page document discussing the following questions:

1. What are some products that have tariffs restricting their trade or subsidies promoting it (imposed either by the US or a trading partner)?
2. What are the dangers or benefits of removing a trading barrier or a subsidy?

### Grading Rubric:

#### Question 1 (50%)
- Does Not Meet Expectations (0-59): Products with tariffs or subsidies are not clearly stated.
- Emerging Expectations (60-75): Mentions 1-2 product examples that have tariffs or subsidies.
- Meets Expectations (76-89): Provides some product examples that have tariffs or subsidies.
- Exceeds Expectations (90-100): Provides several products that have tariffs or subsidies and explains who imposes the regulation.

#### Question 2 (50%)
- Does Not Meet Expectations (0-59): The pros or cons of removing trade barriers or subsidies is discussed minimally or is lacking.
- Emerging Expectations (60-75): The pros or cons of removing trade barriers or subsidies is discussed somewhat.
- Meets Expectations (76-89): The pros or cons of removing trade barriers or subsidies is discussed.
- Exceeds Expectations (90-100): The pros or cons of removing trade barriers or subsidies is discussed in detail.

### Submission Details:
- Target Due Date: 6/21/24
- Comments: Add your comments here

[View Rubric]
[View Grade Details]

Sagot :

GinnyAnswer

Final answer:

Tariffs and subsidies affect trade by impacting prices and competition. Removing these barriers has advantages and disadvantages.


Explanation:

Products with tariffs or subsidies: Some examples include agricultural products like corn subject to tariffs and subsidies. The United States imposes tariffs on steel imports. China subsidizes industries like solar panels.

Dangers or benefits of removing barriers: Removing tariffs can lead to lower prices for consumers but may harm domestic industries. Eliminating subsidies can create fairer competition but might cause job losses in subsidized sectors.


Learn more about International Trade and Regulations here:

https://brainly.com/question/50800230


Thank you for visiting our platform. We hope you found the answers you were looking for. Come back anytime you need more information. We hope this was helpful. Please come back whenever you need more information or answers to your queries. We're dedicated to helping you find the answers you need at Westonci.ca. Don't hesitate to return for more.