QUESTION IMAGE
Question
5 multiple choice 2 points
ecuador is a major exporter of bananas, a product in high demand in the united states. how might the united states adjust its trade policy toward ecuador to assure a supply?
eliminate the tariff on bananas from ecuador
increase export taxes on u.s. products sold to ecuador
increase tariffs on bananas from ecuador
prohibit the import of any other products from ecuador
6 multiple choice 2 points
rapid population growth in developing countries may result in
the economy expanding to meet the needs of more people.
more people sharing the limited supply of food, housing, schools and jobs.
people cutting back on their consumption of goods and services to help those in need.
countries having a surplus of products to export.
7 multiple choice 2 points
what is the main reason that the united states imposes tariffs on imports?
to protect american producers
to increase foreign competition
to expand trade with other countries
to lower the price of exports
- Question 5: Eliminating the tariff on bananas from Ecuador would make Ecuadorian bananas cheaper in the US, incentivizing more imports and ensuring supply. Increasing tariffs would make them more expensive (reducing supply), increasing export taxes on US products to Ecuador would not directly affect banana imports, and prohibiting other imports is not relevant to banana supply.
- Question 6: Rapid population growth in developing countries means more people competing for limited resources like food, housing, schools, and jobs. The economy expanding is not a direct result (often it struggles to keep up), people cutting consumption is not a common direct outcome, and having a surplus to export is unlikely with more internal demand.
- Question 7: The main reason the US imposes tariffs on imports is to protect American producers. Tariffs make imports more expensive, giving domestic producers an edge. Increasing foreign competition, expanding trade (tariffs can restrict trade), and lowering export prices (tariffs are on imports) are not the main purposes.
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- eliminate the tariff on bananas from Ecuador
- more people sharing the limited supply of food, housing, schools and jobs
- To protect American producers