Non-Tariff Trade Barriers Archives | Page 5 of 5

During periods of growing domestic demand, an import quota ?

September 11, 2021May 30, 2019 by admin

During periods of growing domestic demand, an import quota ?

A. is less restrictive on a country’s imports than a tariff
B. Is more restrictive on a country’s imports than a tariff
C. has the same restrictive effect on a country’s imports as a tariff
D. will always generate increased tax revenue for the government

To reduce imports, suppose that the government of Norway’s imposes a quota equal to 800 computers, Compared to what occurred under free trade, Norway’s consumers surplus will __ and its producer surplus will _ Can you calculate these amounts? Try plotting the information of this table on a sheet of graph paper ?

September 11, 2021May 30, 2019 by admin

To reduce imports, suppose that the government of Norway’s imposes a quota equal to 800 computers, Compared to what occurred under free trade, Norway’s consumers surplus will ________ and its producer surplus will _______ Can you calculate these amounts? Try plotting the information of this table on a sheet of graph paper ?

A. increase, increase
B. increase, decrease
C. decrease, increase
D. decrease, decrease

In the absence of traded, Norway’s equilibrium price and quantity equal ?

September 11, 2021May 30, 2019 by admin

In the absence of traded, Norway’s equilibrium price and quantity equal ?

A. $1,500 and 2,800 computers
B. $2,000 and 1,600 computers
C. $2,500 and 2,000 computers
D. $3,500 and 2,000 computers

Antidumping duties are used to ?

September 11, 2021May 30, 2019 by admin

Antidumg duties are used to ?

A. offset the margin of dumg
B. punish domestic consumers for buying high-priced imported goods
C. discourage foreign governments from subsidizing their exporters
D. reduce the tariff revenue of the domestic government

In a tariff and import quota lead to equivalent increase in the domestic price of steel, then ?

September 11, 2021May 30, 2019 by admin

In a tariff and import quota lead to equivalent increase in the domestic price of steel, then ?

A. The quota results in efficiency reductions but the tariff does not
B. The tariff results in efficiency reductions but the quota does not
C. They have identical impact on how much is produced and consumed
D. They have identical impact on how income is distributed

If a tariff and import quota lead to equivalent increases in the domestic price of steel, then ?

September 11, 2021May 30, 2019 by admin

If a tariff and import quota lead to equivalent increases in the domestic price of steel, then ?

A. the quota results in efficiency reductions but the tariff does not
B. The tariff results in efficiency reductions but the quota does not
C. They have different impacts on how much is produced and consumed
D. They have different impacts on how income is distributed