A tax of 15 percent per imported item would be an example of a (an) ?

Related Mcqs:

If a nation fitting the criteria for the small nation model imposes a 10 percent tariff on imports of autos ?

A. The price of autos within the nation will rise by 10 percent B. The price of autos within the nation will rise by less than 10 percent C. The price of autos within the nation will rise by more than 10 percent D. The price of autos will not rise because of internal competition...

_______ represents the difference between what consumer have to pay for a product and what they are willing and able to pay ?

A. producer surplus B. deadweight surplus C. government surplus D. consumer surplus...

Suppose that the offshore assembly provisions (OAP) of the United States are granted to finished computers that are imported and produced domestically This policy will tend to ?

A. cause foreign assemblers of computers to use more computer components that are supplied by countries other than the United States B. Increase the Price of computers to consumers in the United States C. Increase the Production of computers in the United States D. Increase the production of computer components in the United States...

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...

Domestic producers gain ________ because on the tariff?

A. $50,000 B. $75,000 C. $120,000 D. $150,000...