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Trade Regulations And Industrial Policies

During the post-world War II era?

During the post-world War II era?

A. Nontariff barriers (NTBs) and tariffs have increased in relative importance
B. NTBs and tariffs have decreased in relative importance
C. NTBs have increased and tariffs have decreased in relative importance
D. NTBs have decreased and tariffs have increased in relative importance

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Economics Mcqs, Trade Regulations And Industrial Policies

The U.S has granted China permanent most favored nation treatment (normal trade relations) This means that the tariff schedules which apply to U.S imports from china ?

The U.S has granted China permanent most favored nation treatment (normal trade relations) This means that the tariff schedules which apply to U.S imports from china ?

A. have tariff rates equal to zero suggesting a free trade policy for the United States
B. have lower tariff rates than the rates that apply to any other country sending goods to the United States
C. have tariff rates that are identical to the rates that apply to other countries to which the U.S grants most-favored nation treatment
D. have lower tariff rates than the rates that apply to other countries to which the U.S grants most favored nation treatment

The U.S has granted China permanent most favored nation treatment (normal trade relations) This means that the tariff schedules which apply to U.S imports from china ? Read More »

Economics Mcqs, Trade Regulations And Industrial Policies

The organization that currently establishes rules of conduct for firms engaging in international trade is the ?

The organization that currently establishes rules of conduct for firms engaging in international trade is the ?

A. World Bank
B. International Trade Commission
C. Department of justice
D. World Trade Organization

The organization that currently establishes rules of conduct for firms engaging in international trade is the ? Read More »

Economics Mcqs, Trade Regulations And Industrial Policies

Which round of international trade negotiations resulted in the creation of the World Trade Organization ?

Which round of international trade negotiations resulted in the creation of the World Trade Organization ?

A. Kennedy Round of 1964-1967
B. Tokyo Round of 1973-1979
C. Uruguay Round of 1986-1993
D. Doha Round of 2003-2007

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Economics Mcqs, Trade Regulations And Industrial Policies

Suppose that Russia steel firms engage in dumping in the German market in terms of overall economic welfare, German welfare would _______ as the result of the dumping?

Suppose that Russia steel firms engage in dumg in the German market in terms of overall economic welfare, German welfare would _______ as the result of the dumg?

A. increase
B. decrease
C. not change
D. None of These

Suppose that Russia steel firms engage in dumping in the German market in terms of overall economic welfare, German welfare would _______ as the result of the dumping? Read More »

Economics Mcqs, Trade Regulations And Industrial Policies