Economists suggest that an optimum tariff would be one which reduce imports to a point where___________?

Related Mcqs:

A primary reason why nations conduct international trade is because ?

A. Some nations prefer to produce one thing while others produce another B. Resources are not equally distributed to all trading nations C. Trade enhances opportunities to accumulate profits D. interest rates are not identical in all trading nations...

A reduced share of the world export market for the United States would be attributed to?

A. Decreased productivity in U.S manufacturing B. High incomes of American households C. Relatively low interest rates in the United States D. High levels of investment by American corporations...

If a country has a burden of debt it cannot sustain it can ?

A. reschedule debt B. get a loan from an international organization C. default on the loan D. any of the above...

For the United States, commercial jetliners are ?

A. Imported, but not exported B. Exported, but not imported C. Imported and exported D. Neither exported nor imported...

LDCs often have a comparative advantage in the production of ?

A. primary products B. intermediate products C. manufactured products D. financial services...