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.Management Sciences
A. The price of goods when they leave the producing country
B. a limit on the quantity of a good that can be imported into a country
C. a tax on imports
D. a government payment to encourage exports
Related Mcqs:
- Major trading partners of the United States including all of the following countries except ?
- A. Canada B. Mexico C. China D. North Korea...
- The imposition of a tariff causes consumption to _____ and imports to _________?
- A. rise, rise B. fall, rise C. fall, fall D. rise, fall...
- An optimal tariff is one which reduces imports to the level at which ____ equals ____?
- A. imports, exports B. the balance of trade, zero C. The demand for currency the supply of currency D. social marginal cost, social marginal benefit...
- A country has a comparative advantage in the production of a product if the good’s _____ cost in different from the good’s _____ cost in another country ?
- A. resource; resource B. foreign exchange money C. opportunity; opportunity D. money; opportunity...
- One of the main advantages of trade economists suggest is ?
- A. technological change B. competitions with foreign suppliers C. development of tourism D. lower tariffs...
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