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.Management Sciences
A. distinguishes between tariffs that are effective and those that are ineffective
B. is the minimum level at Which a tariff becomes effective in limiting imports?
C. shows how effective a tariff is in raising revenue for the government
D. shows the increase in value added for domestic production that a particular tariff structure makes possible, in percentage terms
Related Mcqs:
- _______ represents the difference between what consumer have to pay for a product and what they are willing and able to pay ?
- A. producer surplus B. deadweight surplus C. government surplus D. consumer surplus...
- The difference between what consumers have to pay for a particular and what they are willing to pay is known as ?
- A. consumer surplus B. producer surplus C. deadweight costs D. deadweight surplus...
- For advanced countries such as the United States, tariffs on imported raw materials tend to be ?
- A. equals to tariffs on imported manufactured goods B. lower than tariffs on imported manufactured goods C. higher than tariffs on imported manufactured goods D. The highest of all tariffs...
- If I purchase a stereo from South Korea, I obtain the stereo and South Korea obtains the dollars But if I purchase a stereo produced in the Pakistan I obtain the stereo and the rupees remain in Pakistan, This line of reasoning is ?
- A. valid for stereos, but nor for most products imported by Pakistan B. valid for most products imported by Pakistan but not for stereos C. deceiving since Koreans eventually spend the dollars on Pakistani goods D. deceiving since the dollars spent on a stereo built in the Pakistan eventually wind up overseas...
- Specific tariffs are collected as ?
- A. fixed amount of money per unit traded B. a percentage of money per unit traded C. a percentage of the quantity of imports D. All of the above...
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