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Tariffs

If no imported inputs (hard-disk drive) go into the domestic production of a final product (desktop computer) then the ?

Economics Mcqs, Tariffs /
If no imported inputs (hard-disk drive) go into the domestic production of a final product (desktop computer) then the ?

A. nominal tariff rate on the final product equals the effective tariff rate on the product
B. nominal tariff rate on the final product is greater than the effective rate on the product
C. nominal tariff rate on the final product is less than the effective tariff rate on the final product
D. None of the above

If no imported inputs (hard-disk drive) go into the domestic production of a final product (desktop computer) then the ? Read More »

Economics Mcqs, Tariffs

Suppose that the offshore assembly provisions (OAP) of the United States are granted to finished computers that are imported and produced domestically This policy will tend to ?

Economics Mcqs, Tariffs /
Suppose that the offshore assembly provisions (OAP) of the United States are granted to finished computers that are imported and produced domestically This policy will tend to ?

A. cause foreign assemblers of computers to use more computer components that are supplied by countries other than the United States
B. Increase the Price of computers to consumers in the United States
C. Increase the Production of computers in the United States
D. Increase the production of computer components in the United States

Suppose that the offshore assembly provisions (OAP) of the United States are granted to finished computers that are imported and produced domestically This policy will tend to ? Read More »

Economics Mcqs, Tariffs

If a country an imposes an import tariff, its welfare can improve if ?

Economics Mcqs, Tariffs /
If a country an imposes an import tariff, its welfare can improve if ?

A. the country is a small country rather than a larger country
B. its terms of trade improve enough
C. The tariff enhances the welfare of its trading partners
D. Its government’s tax revenue increases because of the tariff

If a country an imposes an import tariff, its welfare can improve if ? Read More »

Economics Mcqs, Tariffs