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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

The home country government can confiscate the revenue effect of an import quota if ?

The home country government can confiscate the revenue effect of an import quota if ?

A. quota licenses are given to foreign exporting companies
B. quota licenses are auctioned to the highest bidding importing company
C. if quota licenses are given to domestic consumers of the good
D. Both A and C

The home country government can confiscate the revenue effect of an import quota if ? Read More »

Economics Mcqs, Non-Tariff Trade Barriers