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.Management Sciences
A. a regional area within which trade with foreign nations is allowed
B. a free trade agreement among several nations
C. designed to limit exports of manufactured goods by placing export taxes on goods made within the zone
D. designed to promote exports by deferring imports duties on intermediate inputs and waving such duties if the final product is re-exported rather than sold domestically
Related Mcqs:
- A tax of 20 rupees per unit of imported cheese would be an example of a (an) ?
- A. Compound tariff B. Effective tariff C. Ad valorem tariff D. Specific tariff...
- A tariff of ________ would be prohibitive causing imports to fall to zero?
- A. $10 B. $15 C. $20 D. $25...
- If a country an imposes an import tariff, its welfare can improve if ?
- A. the country is a small country rather than a larger country B. its terms of trade improve enough C. The tariff enhances the welfare of its trading partners D. Its government’s tax revenue increases because of the tariff...
- Suppose there is no tariff on imported inputs and the ratio of the value of imported inputs the value of the final product is 0.5 If the nominal tariff rate on the final product is 10 percent, the effective tariff rate equals ?
- A. 5 percent B. 10 percent C. 15 percent D. 20 percent...
- With free trade the total value of imports would equal ?
- A. $100,000 units B. $400,000 units C. $600,000 units D. $800,000 units...
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