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Economics Mcqs

To stabilize the prices of primary products international commodity agreements have utilized all of the following except ?

Economics Mcqs, Trade Policies For the Developing Nations /
To stabilize the prices of primary products international commodity agreements have utilized all of the following except ?

A. tariff-rate quotas applied to imported goods
B. production and export controls
C. buffer stocks
D. multilateral contracts

To stabilize the prices of primary products international commodity agreements have utilized all of the following except ? Read More »

Economics Mcqs, Trade Policies For the Developing Nations

To help developing nations strengthen their international competitiveness many industrial nations have granted non-reciprocal tariff reductions to developing nations under the ?

Economics Mcqs, Trade Policies For the Developing Nations /
To help develog nations strengthen their international competitiveness many industrial nations have granted non-reciprocal tariff reductions to develog nations under the ?

A. international commodity agreements program
B. multilateral contract program
C. generalized system of preferences program
D. export-led growth program

To help developing nations strengthen their international competitiveness many industrial nations have granted non-reciprocal tariff reductions to developing nations under the ? Read More »

Economics Mcqs, Trade Policies For the Developing Nations

To be considered a a good candidate for an export cartel, a commodity should ?

Economics Mcqs, Trade Policies For the Developing Nations /
To be considered a a good candidate for an export cartel, a commodity should ?

A. be a manufactured goods
B. be a primary product
C. have high price elasticity of supply
D. have a low price elasticity of demand

To be considered a a good candidate for an export cartel, a commodity should ? Read More »

Economics Mcqs, Trade Policies For the Developing Nations

The arrangement where goods imported from trading partners in the developing world are subject to lower tariff rates than goods from other countries is referred to as ?

Economics Mcqs, Trade Policies For the Developing Nations /
The arrangement where goods imported from trading partners in the develog world are subject to lower tariff rates than goods from other countries is referred to as ?

A. normal trade relation status
B. most favored nation status
C. offshore assembly provisions
D. Generalized System of Preferences

The arrangement where goods imported from trading partners in the developing world are subject to lower tariff rates than goods from other countries is referred to as ? Read More »

Economics Mcqs, Trade Policies For the Developing Nations

Concerning the hypothesis that there has occurred a long run deterioration in the developing countries terms of trade empirical studies provide ?

Economics Mcqs, Trade Policies For the Developing Nations /
Concerning the hypothesis that there has occurred a long run deterioration in the develog countries terms of trade empirical studies provide ?

A. mixed evidence that does not substantiate the deterioration hypothesis
B. overwhelming support for the deterioration hypothesis
C. overwhelming opposition to the deterioration hypothesis
D. None of the above

Concerning the hypothesis that there has occurred a long run deterioration in the developing countries terms of trade empirical studies provide ? Read More »

Economics Mcqs, Trade Policies For the Developing Nations

Which industrialization policy have developing countries used which places emphasis on the comparative advantage principle as a guide to resource allocation ?

Economics Mcqs, Trade Policies For the Developing Nations /
Which industrialization policy have develog countries used which places emphasis on the comparative advantage principle as a guide to resource allocation ?

A. export promotion
B. import promotion
C. international commodity agreements
D. multilateral contracts

Which industrialization policy have developing countries used which places emphasis on the comparative advantage principle as a guide to resource allocation ? Read More »

Economics Mcqs, Trade Policies For the Developing Nations

The theory of suggests that government can assist domestic companies in capturing economic profits from foreign competitors ?

Economics Mcqs, Trade Regulations And Industrial Policies /
The theory of suggests that government can assist domestic companies in capturing economic profits from foreign competitors ?

A. international dumg
B. countervailing duties
C. Strategic trade policy
D. export promotion policy

The theory of suggests that government can assist domestic companies in capturing economic profits from foreign competitors ? Read More »

Economics Mcqs, Trade Regulations And Industrial Policies

The effect of the most favored nation (normal trade relations) clause is to ?

Economics Mcqs, Trade Regulations And Industrial Policies /
The effect of the most favored nation (normal trade relations) clause is to ?

A. eliminate all tariffs between countries
B. increase all tariffs between countries
C. maintain a nondiscriminatory structure of tariffs
D. maintain a discriminatory structure of tariffs

The effect of the most favored nation (normal trade relations) clause is to ? Read More »

Economics Mcqs, Trade Regulations And Industrial Policies

The result of antidumping tariffs is to ?

Economics Mcqs, Trade Regulations And Industrial Policies /
The result of antidumg tariffs is to ?

A. increase consumer surplus in the importing country
B. decrease producer surplus in the importing country
C. impose a price floor on foreign prices in the importing country
D. impose a price ceiling on foreign price in the importing country

The result of antidumping tariffs is to ? Read More »

Economics Mcqs, Trade Regulations And Industrial Policies

Concerning dumping, which of the following is true ?

Economics Mcqs, Trade Regulations And Industrial Policies /
Concerning dumg, which of the following is true ?

A. predatory dumg represents the most common form of dumg by U.S firms
B. U.S firms can obtain protection from foreign dumg, even though this protection tends to harm overall U.S welfare
C. dumg can never be a profit-maximizing strategy for U.S firms to pursue
D. U.S firms rarely if ever, engage in distress dumg or persistent dumg

Concerning dumping, which of the following is true ? Read More »

Economics Mcqs, Trade Regulations And Industrial Policies