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

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...

The national security argument for protection is more likely to be valid when ?

A. The purpose is to maintain protection for an indefinite time period B. The industry is characterized by increasing returns to scale C. The economy operates during a recession D. The protected industry provides invaluable goods during periods of war...

Suppose there is no tariff on imported inputs and the ratio of the value of imported inputs the value of the final product is 0.5 If the nominal tariff rate on the final product is 10 percent, the effective tariff rate equals ?

A. 5 percent B. 10 percent C. 15 percent D. 20 percent...