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

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...

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...

The reason for dumping is that the demand curve for ABC Co’s computers is _______ because ________ are available from other nations?

A. more elastic in Japan, more substitutes are available from other nations B. more elastic in Japan, fewer substitutes are available from other; nations C. more inelastic in Japan; more substitutes are available from other; nations D. more inelastic in Japan; fewer substitutes are available from other nations...

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...

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...