Tariff levels in advanced countries tend to be __________ tariff levels in developing countries?
A. higher than
B. equal to
C. lower than
D. there is no general pattern
A. higher than
B. equal to
C. lower than
D. there is no general pattern
A. primary products such as tin and bauxite
B. intermediate products
C. labor-intensive agricultural products
D. labor-intensive manufacturing products
Most of developing-country exports consist of ? Read More »
Economics Mcqs, Trade Policies For the Developing Nations A. lower tariff rates on goods from nations with normal trade relation status
B. lower tariff rates on goods from nations with most favored nation status
C. low or zero tariffs on goods from certain develog countries
D. identical tariff rates in products from all countries of the world
Concerning tariff policy, the United States does not charge? Read More »
Economics Mcqs, Trade Policies For the Developing Nations A. the world Bank
B. the international Monetary Fund
C. The Generalized System of Preferences
D. All of the above
A. tariff-rate quotas applied to imported goods
B. production and export controls
C. buffer stocks
D. multilateral contracts
A. international commodity agreements program
B. multilateral contract program
C. generalized system of preferences program
D. export-led growth program
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 A. normal trade relation status
B. most favored nation status
C. offshore assembly provisions
D. Generalized System of Preferences
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
A. export promotion
B. import promotion
C. international commodity agreements
D. multilateral contracts