Buy national policies ?

Related Mcqs:

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...

In the absence of trade, Canada’s equilibrium price and quantity equal ?

A. $65 and 40 calculators B. $55 and 20 calculators C. $45 and 25 calculators D. $30 and 40 calculators...

The firm would maximize profit by selling computers in the United States at a price of __________ and _________ computers in Japan at a price of __________?

A. 200, $2,000, 100 $1,000 B. 300, $1,800, 800 $800 C. 300, $1,800, 400 $800 D. 500, $1,400, 400 $800...

If the home country government grants a subsidy on a domestically produced good domestic producers tend to ?

A. Capture the entire subsidy in the form of higher profits B. Increase their level of production C. reduce wages paid to domestic workers D. consider the subsidy as a increase in production cost...

For year the U.S government levied quotas on inexpensive oil imported from the Middle East The quotas led to cost increases for U.S consumers totaling $3 billion for oil products. An apparent justification of this policy was that ?

A. U.S oil companies and workers deserved higher incomes B. U.S oil was of superior quality and merited higher prices C. one should not be too dependent on foreign suppliers of crucial resources D. The U.S government needed the quota revenue to balance its budget...