A attempts to limit outsourcing of jobs to foreigners by requiring that a minimum percentage of a product’s value must be produced domestically if that good is to be sold in the domestic market ?

Related Mcqs:

If a tariff and import quota lead to equivalent increases 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 different impacts on how much is produced and consumed D. They have different impacts on how income is distributed...

To maintain that South koreans are dumping their DVDs in the United States is to maintain that ?

A. Koreans are selling DVDs in the U.S below their production cost B. Koreans are selling DVDs is the U.s above their productions cost C. The cost of manufacturing DVDs in Korea is lower in Korea than in the U.S since wages are lower in Korea D. The cost of manufacturing DVDs in Korea is … To maintain that South koreans are dumping their DVDs in the United States is to maintain that ?Read More...

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...

Export subsidies levied by foreign governments on products in which the Pakistan the comparative disadvantage ?

A. lower the welfare of all Pakistanis B. lead to increases in Pakistani consumer surplus C. encourage Pakistan’s production of competing goods D. encourage Pakistani workers to demand higher wages...

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...