Concerning import tariffs of the United States empirical studies tend to conclude that these tariffs are ?

Related Mcqs:

A foreign-trade zone (FTZ) is ?

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 … A foreign-trade zone (FTZ) is ?Read More...

A tariff ______ increase a country overall welfare?

A. will always B. will never C. can sometimes D. None of the above...

If a nation fitting the criteria for the large nation model imposes an import tariff ?

A. the domestic price of the product will increase by more than the tariff itself B. The domestic price of the product will increase by the same amount as the tariff C. The domestic price of the product will increase by less than the tariff D. None of the above...

According to the _____ argument for protection, tariffs can shield new industries from import competition until they have grown strong and efficient enough to withstand the competition by foreign producers ?

A. scientific tariff argument B. infant industry argument C. beggar they neighbor argument D. foreign dumping argument...

Concerning a government’s trade policy, all the following generally apply except ?

A. economic downturn and recession generally result in greater protectionism B. because domestic consumers outnumber domestic producer’s policy markers usually enact Free-trade policies to satisfy the consumer majority: C. When domestic exporting companies are organized, policy tends to favor freer trade D. Policy tends to favor freer trade in countries whose imports are inputs into … Concerning a government’s trade policy, all the following generally apply except ?Read More...