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.Management Sciences
A. does not require government taxes to finance it
B. yields the same deadweight welfare loss as an import tariff or import quota
C. has only a consumption effect deadweight loss
D. has only a protective effect deadweight loss
Related Mcqs:
- In a tariff and import quota lead to equivalent increase in the domestic price of steel, then ?
- A. The quota results in efficiency reductions but the tariff does not B. The tariff results in efficiency reductions but the quota does not C. They have identical impact on how much is produced and consumed D. They have identical impact on how income is distributed...
- Antidumping duties are used to ?
- A. offset the margin of dumping B. punish domestic consumers for buying high-priced imported goods C. discourage foreign governments from subsidizing their exporters D. reduce the tariff revenue of the domestic government...
- What type of trade barrier was used to protect U.S auto firms from foreign competition during 1981 – 1984 ?
- A. export quotas imposed by the Japanese government B. export tariffs imposed by the Japanese’s government C. import quotas imposed by the U.S government D. domestic subsidies granted by the U.S government...
- Governments around the world tend to auction quota licenses ?
- A. never B. seldom C. often D. always...
- international dumping may involve ?
- A. selling goods to foreigners at a price below that charged domestic consumers B. selling goods to foreigners at a price below the cost of production C. antidumping duties being levied on the imported, dumped goods D. All of the above...
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