If a small country imposes a tariff on an imported good, its terms of trade will ?

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...

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...