I am having a problem with one of my homework questions and would like some help if possible...here is the question..
According to an article in the New York Times (Nov. 5, 1993),"many Midwest wheat farmers oppose the NAFTA free trade agreement asmuch as many corn farmers support it." for simplicity, assume that the U.S. is a small country in the markets for both corn and wheat, and that without the free trade agreement, the U.S. would not trade these commoditites internationally..
Based on the report, do you think the world wheat price is above or below the U.S. notrade wheat price? Do you think the world corn price is above or below the U.S. notrade corn price? Now analyze the welfare consequences of NAFTA in both markets.
Assuming the farmers are selfinterested in their own economic welfare...
If the wheat farmers oppose NAFTA, they must fear the US will become an importer of wheat; foreign countries want access to the US wheat market because of the relatively high prices in the US market. If corn growers support NAFTA, they see foreign markets as export possibilities because of the relatively high prices in the foreign markets.
Free trade almost always leads to a net increase in economic welfare, both domestically and internationally.
 👍
 👎
 👁
 ℹ️
 🚩
2 answers

i love how it's 2020 and no one answered lol
 👍
 👎
 ℹ️
 🚩

O_O i feel bad.
 👍
 👎
 ℹ️
 🚩
Answer this Question
Related Questions

Career planning
Which of the following is an effective first reaction to a problem . A. Asking questions to help you understand the problem B. Deciding on a solution as quickly as possiable C. Finding someone else to handle the problem D. Removing yourself from the

Math
Find the sum. Write answer in simplest form. (x4/x^22x) + (4/x^24) Not sure how this problem is solved, only one like this on my homework any help??

Here’s my question
Of the students that took a survey about afterschoolactivities, 30% said that they watch television, 1/2 said they go to sports practice, and the remaining said they do homework. What fraction represents the students that do homework?

Math
Translate the following sentence into math symbols. Then solve the problem. y more than 4 is 36 My answer: 4 + y = =36 y = 40? Did I answer both of the questions right?

Educational Technology
1. Which of the following choices is a strategy that could help with time management? A. Spending most of the day on leisure activities. B. Doing homework in every spare moment. C. Cutting back on sleep. D. Creating a list of tasks to be completed daily.*

College Finite Math
Involving a truefalse test. Assume that 8 questions are answered by guessing. What is the probability of at least 6 correct answers? I know this a Burnoulli Trial problem and that N=8 and p=.5 and q=.5 I just don't know where to go from there.

statistics
On a test, 55% of the questions are answered correctly. If 44 questions are correct, how many questions are on the test?

chemistry
The problem: Nitrogen can react with steam to form ammonia and nitrogen monoxide gas. A 20.0L sample of nitrogen at 173C and 772mmHg is made to react with an excess of steam. The products are collected at room temperature (25C) into an evacuated flask with

English
Identify the correct sentence. A. I did my homework when the doorbell was ringing. B. I do my homework when the doorbell is ringing. C. I was doing my homework when the doorbell rang. D. I was doing my homework when the doorbell rung C

Math
A 100 point test contains a total of 20 questions. The multiple choice questions are worth 3 points each and the short response answer questions are worth 8 pints each. Write a system of linear equations that represents this situation, my answer is to

English
1.) Identify the choice that best describes the problem Forgetting her homework and her books a.) Phrase fragment b.) Dangling modifier c.) Runon sentence d.) Misplaced modifier A 2.) Choose the term that describes the underlined part of the sentence

Algebra
1.Solve the system of equations. y = 2x^2  3 y = 3x  1 a. no solution b. (1/2, 5), (2, 5/2) c. (1/2, 5/2), (2,5) d. (1/2, 5/2), (2, 5) 2.how many real number solutions does the equation have 0 = 3x^2 + x  4 a. 0 b. 1 c. 2 d. 3 3. solve the equation

math
the sum of a number and 3 times that number is 76. what is that number? PLEASE HELP ME I DON'T GET IT!!!!!!!! Mathematics is a language, so translate the English into "math" let the number be x "the sum of a number and 3 times that number is 76", .... what

Speech
Please help me write an eight sentence paragraph that fully develops the topic. 1. Getting along with other people is important in my work. What exactly does "getting along" involve? What goals would "getting along" help you to meet your work goals? How

calculus
As a hardworking student, plagued by too much homework, you spend all night doing math homework. By 6am, you imagine yourself to be a region bounded by y=5x2 x=0 x=3 y=0 As you grow more and more tired, the world begins to spin around you. However,

statistics
A multiple choice test has 3 questions and each question has 3 choices. If Nacho takes this test, what is the probability that he will: (a)answer all questions correctly? (b)answer all questions wrong? (c)answer two questions correctly?

Math
A truefalse test has 5 questions. What is the probability of guessing the correct answers to all of the questions? A. 1/25**** B. 1/10 C. 1/32 D. 1/7

Calculus  average velocity
*VELOCITY OF A CAR* Suppose the distance s (in feet) covered by a car moving along a straight road after t sec is given by the function s = f(t) = 2t^2 + 48t. a. Calculate the average velocity of the car over the time intervals [20,21], [20, 20, 20.1], and

spanish
I am so close to finishing my homework and these are the last few questions I have left. I keep trying but the program says whatever I write is incorrect. Can someone help me please? Rewrite the sentence with the direct object pronoun appropriate to

Math for Steve
1. Identify the part, whole, and percent in the following statement: Find 15% of 750. a. part = 750, whole = n, percent = 15 b. part = 15, whole = 750, percent = p c. part = n, whole = 750, percent = 15 d. none of these 2. Write a percent equation that can
Still need help?
You can ask a new question or browse existing questions.