Governments around the world tend to auction quota licenses ?

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...

Nontariff trade barriers could include all of the following except ?

A. domestic content laws B. government procurement policies C. health, safety, and environmental standards D. antidumping/countervailing duties applied to imports...

The form of international price discriminations (dumping) normally associated with economic recession or excess inventories in the exporting nation is known as ?

A. Predatory dumping B. sporadic dumping C. persistent dumping D. year end dumping...

________ are profits that accrue to whomever has the right to import the good that is restricted by the quota?

A. quota license B. quota rents C. quota prices D. None of the above...

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...