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Non-Tariff Trade Barriers

Suppose that the domestic government allows a specific number of goods to be imported each year, but it does not specify from where the product is shipped or who is permitted to import Such a trade barrier is known as ?

Suppose that the domestic government allows a specific number of goods to be imported each year, but it does not specify from where the product is shipped or who is permitted to import Such a trade barrier is known as ?

A. an import tariffs
B. a tariff rate quota
C. a selective quota
D. a global quota

Suppose that the domestic government allows a specific number of goods to be imported each year, but it does not specify from where the product is shipped or who is permitted to import Such a trade barrier is known as ? Read More »

Economics Mcqs, Non-Tariff Trade Barriers

The firm would maximize profit by selling computers in the United States at a price of __________ and _________ computers in Japan at a price of __________?

The firm would maximize profit by selling computers in the United States at a price of __________ and _________ computers in Japan at a price of __________?

A. 200, $2,000, 100 $1,000
B. 300, $1,800, 800 $800
C. 300, $1,800, 400 $800
D. 500, $1,400, 400 $800

The firm would maximize profit by selling computers in the United States at a price of __________ and _________ computers in Japan at a price of __________? Read More »

Economics Mcqs, Non-Tariff Trade Barriers

What type of trade barrier was used to protect U.S auto firms from foreign competition during 1981 – 1984 ?

What type of trade barrier was used to protect U.S auto firms from foreign competition during 1981 – 1984 ?

A. export quotas imposed by the Japanese government
B. export tariffs imposed by the Japanese’s government
C. import quotas imposed by the U.S government
D. domestic subsidies granted by the U.S government

What type of trade barrier was used to protect U.S auto firms from foreign competition during 1981 – 1984 ? Read More »

Economics Mcqs, Non-Tariff Trade Barriers

________ occurs when a firm disposes on foreign markets a temporary increases in inventories caused by unforeseen changes in supply and demand conditions in the home economy?

________ occurs when a firm disposes on foreign markets a temporary increases in inventories caused by unforeseen changes in supply and demand conditions in the home economy?

A. sporadic dumg
B. predatory dumg
C. persistent dumg
D. foreign dumg

________ occurs when a firm disposes on foreign markets a temporary increases in inventories caused by unforeseen changes in supply and demand conditions in the home economy? Read More »

Economics Mcqs, Non-Tariff Trade Barriers

The form of international price discriminations (dumping) normally associated with economic recession or excess inventories in the exporting nation is known as ?

The form of international price discriminations (dumg) normally associated with economic recession or excess inventories in the exporting nation is known as ?

A. Predatory dumg
B. sporadic dumg
C. persistent dumg
D. year end dumg

The form of international price discriminations (dumping) normally associated with economic recession or excess inventories in the exporting nation is known as ? Read More »

Economics Mcqs, Non-Tariff Trade Barriers