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:

1. Economic barriers to trade like tariffs and quotas limit competition. With less foreign - made goods available, domestic producers can raise prices. So, economic barriers to trade impact countries that enact them by causing prices of domestic goods to rise.
2. The US embargo on Cuba restricted trade and exchange. Cuba has made significant advancements in medicine. The embargo denied US citizens access to Cuban medical breakthroughs and trained personnel.

Answer:

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