A. A tax levied on certain articles produced and consumed in a country
B. A licensing charge or a fee levied for certain privileges
C. Both of them
D. None of them
A. scientific tariff argument
B. infant industry argument
C. beggar they neighbor argument
D. foreign dumg argument
A. The staple crop is the chief sources of food
B. labor is underutilized except for planting and harvesting seasons
C. On the traditional farm, output is always greater than consumption
D. cultivators farm only as much land as their
A. Z to point X
B. X to point X
C. X to point Z
D. Y to point X
A. 4
B. 25
C. 6
D. 2.5
A. economic downturn and recession generally result in greater protectionism
B. because domestic consumers outnumber domestic producer’s policy markers usually enact Free-trade policies to satisfy the consumer majority:
C. When domestic exporting companies are organized, policy tends to favor freer trade
D. Policy tends to favor freer trade in countries whose imports are inputs into critical industries
A. are equitable.
B. are efficient
C. maximize consumer surplus
D. are inefficient