Most tariffs have ?

Related Mcqs:

_______ 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...

The difference between what consumers have to pay for a particular and what they are willing to pay is known as ?

A. consumer surplus B. producer surplus C. deadweight costs D. deadweight surplus...

In developed countries, tariffs on raw materials tend to be ?

A. highest of all B. higher than on manufactured goods C. equal to tariffs on manufactured goods D. lower than on manufactured goods...

If I purchase a stereo from South Korea, I obtain the stereo and South Korea obtains the dollars But if I purchase a stereo produced in the Pakistan I obtain the stereo and the rupees remain in Pakistan, This line of reasoning is ?

A. valid for stereos, but nor for most products imported by Pakistan B. valid for most products imported by Pakistan but not for stereos C. deceiving since Koreans eventually spend the dollars on Pakistani goods D. deceiving since the dollars spent on a stereo built in the Pakistan eventually wind up overseas...

Specific tariffs are collected as ?

A. fixed amount of money per unit traded B. a percentage of money per unit traded C. a percentage of the quantity of imports D. All of the above...