Title Đề final K59 (Chỉ Tự luận) - Thanh lam the nay dc 9d thoi.docx ✅

Question 2: Governments intervene in trade to + Protect infant industries from fierce competition. This matter is especially important to the industries in developing countries who might not survive up against larger nations. Tariffs and other forms of government intervention are often used to protect newly founded, local businesses from an already established international competition that may be selling similar products for lower prices. These tariffs encourage customers to support local businesses and give new businesses the time and opportunity to get their business off the ground. Without tariffs on international goods, many startups in the UK would fail entirely, and unemployment would surely increase. + Nation defense: governments make an effort to protect their own sectors of the economy that provide services critical to national defense and security. Some obvious examples would include weapons, advanced electronics, aerospace, and strategic minerals. + Protect environment: governments may implement tariffs on certain products that they feel are harmful to the environment or do not adhere to specific environmental standards + Employment rates: No country wants to see its unemployment rates rise as it will raise levels of crime as well as general dissatisfaction. Governments should focus on creating an environment that maintains high levels of employment, as well as new employment opportunities being offered all the time. This keeps the economy healthy and promotes economic growth. + Consumer safety + Medical drugs Cách giải thích trên mạng: a. Why governments intervene in trade: - Governments intervene in markets to address inefficiency. In inefficient markets; some may have too much of a resource while others do not have enough. The government tries to combat these inequities through regulation, taxation, and subsidies. - Governments also intervene to minimize the damage caused by naturally occurring economic events. Recessions and inflation are part of the natural business cycle but can have a devastating effect on citizens. In these cases, governments intervene through subsidies and manipulation of the money supply to minimize the harsh impact of economic forces on its constituents. - Governments may also intervene in markets to promote general economic fairness. Governments often try, through taxation and welfare programs, to reallocate financial resources from the wealthy to those that are most in need. b. Critically evaluate the infant industry argument of protection: - The infant industry argument is an economic rationale for trade protectionism. The core of the argument is that nascent industries often do not have the economies of scale that their older competitors from other countries may have, and thus need to be protected until they can attain similar economies of scale.
Question 3: giống đề dưới Exchange rate is the price of one currency in terms of another The State Bank will intervene in the foreign exchange market with the goal of stabilizing the exchange rate and controlling inflation, in line with the general objectives of monetary policy. Question 4: Question 2: