If imports licenses are auctioned off to domestic importers in competitive market their scarcity value (revenue effect) accrues to ?

Related Mcqs:

To aid its calculator producers, suppose that the government provides them a subsidy of $10 for each calculator produced The amount of imports now equals _____ and the deadweight loss of the subsidy to the Canadian economy equals _________?

A. 20 calculator, $50 B. 20 calculator, $100 C. 25 calculator, $50 D. 25 calculator, $100...

Import quotas tend to result in all of the following except ?

A. domestic producers of the imported good being harmed B. domestic consumers of the imported good being harmed C. Prices increasing in the importing country D. Prices falling in the exporting country...

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...

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...

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 ?

A. domestic subsidy B. voluntary restraint agreement C. domestic content requirement D. tariff-rate quota...