Similar to import tariffs import quotas tend to result in ?

Related Mcqs:

Antidumping duties are used to ?

A. offset the margin of dumping B. punish domestic consumers for buying high-priced imported goods C. discourage foreign governments from subsidizing their exporters D. reduce the tariff revenue of the domestic government...

The welfare effects of a quota depend to a considerable extent upon ?

A. who has the quota license B. the size of the quota C. elasticities of domestic demand and supply D. All of the above...

By practicing price discrimination, the firm would realize profits totaling ?

A. $160,000 B. $420,000 C. $540,000 D. $660,000...

With free trade suppose that the rest of the world can supply computers to Norway at a price of $1,500 Norway’s imports will now equal. Compared to What occurred in the absence of trade, Norway’s consumers surplus will _____ and its producer surplus will ____. Can you calculate these amounts? Try plotting the information of this table on a sheet of graph paper ?

A. 1,600 computers, decrease, increase B. 1,600 computers, increase, decrease C. 1,200 computers, decrease, increase D. 1,200 computers, increase, decrease...

________ 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...