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how do economic barriers to trade impact countries that enact them? * 1…

Question

how do economic barriers to trade impact countries that enact them? 1 point by causing prices of domestic goods to rise by causing real median household incomes to decline by improving the efficiency of production by eliminating cyclical unemployment the united states imposed an embargo on cuba in the mid - twentieth century. what impact did this have on the united states? 1 point us cigar manufacturers began to struggle due to increased competition. the price of cuban agricultural goods sold in the united states declined. us citizens were denied access to cuban medical breakthroughs and trained personnel. access to new markets helped automakers in the united states to increase their profits

Explanation:

Brief Explanations
  1. Economic barriers to trade like tariffs and quotas reduce competition from imports. This allows domestic producers to raise prices. Real - median household incomes may not necessarily decline directly, production efficiency usually doesn't improve as domestic producers face less competition, and cyclical unemployment is not eliminated.
  2. The US embargo on Cuba restricted US citizens' access to Cuban products, services, and expertise. Cuban medical advancements and trained personnel were out of reach for US citizens. US cigar manufacturers didn't face increased competition from Cuba due to the embargo, Cuban agricultural goods couldn't be sold in the US so their price there was non - existent, and the embargo didn't open new markets for US automakers.

Answer:

  1. by causing prices of domestic goods to rise
  2. US citizens were denied access to Cuban medical breakthroughs and trained personnel.