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

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...

If no imported inputs (hard-disk drive) go into the domestic production of a final product (desktop computer) then the ?

A. nominal tariff rate on the final product equals the effective tariff rate on the product B. nominal tariff rate on the final product is greater than the effective rate on the product C. nominal tariff rate on the final product is less than the effective tariff rate on the final product D. None of … If no imported inputs (hard-disk drive) go into the domestic production of a final product (desktop computer) then the ?Read More...

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...