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.Management Sciences
A. is a limit on the number of tariffs that a country can place on imports?
B. uses a single tariff along with import quotas to restrict import
C. is designed to avoid the the price increases caused by simple tariffs
D. is a two-tier tariff system intended to restrict imports?
Related Mcqs:
- In the absence of traded, Norway’s equilibrium price and quantity equal ?
- A. $1,500 and 2,800 computers B. $2,000 and 1,600 computers C. $2,500 and 2,000 computers D. $3,500 and 2,000 computers...
- During periods of growing domestic demand, an import quota ?
- A. is less restrictive on a country’s imports than a tariff B. Is more restrictive on a country’s imports than a tariff C. has the same restrictive effect on a country’s imports as a tariff D. will always generate increased tax revenue for the government...
- The reason for dumping is that the demand curve for ABC Co’s computers is _______ because ________ are available from other nations?
- A. more elastic in Japan, more substitutes are available from other nations B. more elastic in Japan, fewer substitutes are available from other; nations C. more inelastic in Japan; more substitutes are available from other; nations D. more inelastic in Japan; fewer substitutes are available from other nations...
- With free trade, suppose that the rest of the world can supply calculators to Canada at a price of $30. Canada’s imports would now equal _____ and its consumer surplus would ____ relative to what occurred in the absence of trade. What is the change in consumer surplus? Refer to the figure that you have plotted ?
- A. 20 calculators increase B. 25 calculators decrease C. 25 calculators increase D. 30 calculators increase...
- The form of dumping that represents the greatest potential net welfare loss the for importing national is ?
- A. predatory dumping B. sporadic dumping C. persistent dumping D. yearend dumping...
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