Business, 26.02.2020 04:36 chiah

Rank the following in ascending order of Home welfare and justify your answers. If two items are equivalent, indicate this accordingly.

a. Tariff of t in a small country corresponding to the quantity of imports M. 4
b. Quota with the same imports M in a small country, with quota licenses distributed to Home firms and no lobbying.
c. Quota of M in a small country with quota licenses auctioned to Home firms.
d. Voluntary export restraint of M in a small country.
e. Quota of M in a small country with quota licenses distributed to Home firms due to lobbying.

Answers: 3

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Tariff and quota are the two rates of taxes that are levied on the products and services in order to regulate the import of the products in the country to reserve and increase the value of the currency.

The correct arrangements in the ascending order are:

b. Quota with the same imports M in a small country, with quota licenses distributed to Home firms and no lobbying.

d. Voluntary export restraint of M in a small country.

e. Quota of M in a small country with quota licenses distributed to Home firms due to lobbying.

a. Tariff of t in a small country corresponding to the quantity of imports M.

c. Quota of M in a small country with quota licenses auctioned to Home firms.

Welfare work is given priority, so quotas were distributed and tariff the countries who gain from social welfare. Social welfare is the benefit provided by the government to the citizen, in the form of incentives, quotas, subsidies, etc. This is done to bring equality to society.

To know more about the tariffs and quotas, refer to the link below:

link

Answer from: izzyp619

ascending order: b,d,e,a,c

Explanation:

Ranking:

b. Quota with the same imports M in a small country, with quota licenses distributed to Home firms and no lobbying.

d. Voluntary export restraint of M in a small country.

e. Quota of M in a small country with quota licenses distributed to Home firms due to lobbying.

a. Tariff of t in a small country corresponding to the quantity of imports M.

c. Quota of M in a small country with quota licenses auctioned to Home firms.

Welfare work are given priority, so quotas were distributed and tariff the countries who gain from social welfare.

Social welfare are the benefit provided by the goverment to the citizen, in the form of incentives, quota, subsidies, etc. This is done to bring equality in the society.

Answer from: Quest

The answer is passage 1.

Answer from: Quest

Yes it's true they get dissatisfied

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Rank the following in ascending order of Home welfare and justify your answers. If two items are equ...

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