For advanced countries such as the United States, tariffs on imported raw materials tend to be ?

Related Mcqs:

Most tariffs have ?

A. only revenue effects B. only protective effects C. Both protective and revenue effects D. neither protective or revenue effects...

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...

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...

Suppose that the nominal tariff rate on finished computers is 12 percent and that the weighted average of the nominal tariff rates on the inputs used in producing computers is 18 percent. Thus, the effective rate of protection for the computer industry must ?

A. be less than 12 percent and can be negative B. be less than 12 percent but must be greater than zero C. equal 6 percent D. exceed 30 percent...

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...