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In certain industries Japanese employers hesitate to lay off workers Therefore they sometimes have excess supplies of goods that they cannot sell on the home market without lowering prices. To hold down losses they sell goods in overseas markets at prices well beneath those in japan This practice is best referred to as ?

Economics Mcqs, Non-Tariff Trade Barriers /
In certain industries Japanese employers hesitate to lay off workers Therefore they sometimes have excess supplies of goods that they cannot sell on the home market without lowering prices. To hold down losses they sell goods in overseas markets at prices well beneath those in japan This practice is best referred to as ?

A. Orderly marketing
B. trigger pricing
C. domestic content pricing
D. dumg

In certain industries Japanese employers hesitate to lay off workers Therefore they sometimes have excess supplies of goods that they cannot sell on the home market without lowering prices. To hold down losses they sell goods in overseas markets at prices well beneath those in japan This practice is best referred to as ? Read More »

Economics Mcqs, Non-Tariff Trade Barriers

To maintain that South koreans are dumping their DVDs in the United States is to maintain that ?

Economics Mcqs, Non-Tariff Trade Barriers /
To maintain that South koreans are dumg their DVDs in the United States is to maintain that ?

A. Koreans are selling DVDs in the U.S below their production cost
B. Koreans are selling DVDs is the U.s above their productions cost
C. The cost of manufacturing DVDs in Korea is lower in Korea than in the U.S since wages are lower in Korea
D. The cost of manufacturing DVDs in Korea is higher in Korea than in the U.S since wages are higher in Korea

To maintain that South koreans are dumping their DVDs in the United States is to maintain that ? Read More »

Economics Mcqs, Non-Tariff Trade Barriers

If imports licenses are auctioned off to domestic importers in competitive market their scarcity value (revenue effect) accrues to ?

Economics Mcqs, Non-Tariff Trade Barriers /
If imports licenses are auctioned off to domestic importers in competitive market their scarcity value (revenue effect) accrues to ?

A. foreign corporations
B. foreign workers
C. domestic corporations
D. The domestic government

If imports licenses are auctioned off to domestic importers in competitive market their scarcity value (revenue effect) accrues to ? Read More »

Economics Mcqs, Non-Tariff Trade Barriers

To aid its calculator producers, suppose that the government provides them a subsidy of $10 for each calculator produced The amount of imports now equals _____ and the deadweight loss of the subsidy to the Canadian economy equals _________?

Economics Mcqs, Non-Tariff Trade Barriers /
To aid its calculator producers, suppose that the government provides them a subsidy of $10 for each calculator produced The amount of imports now equals _____ and the deadweight loss of the subsidy to the Canadian economy equals _________?

A. 20 calculator, $50
B. 20 calculator, $100
C. 25 calculator, $50
D. 25 calculator, $100

To aid its calculator producers, suppose that the government provides them a subsidy of $10 for each calculator produced The amount of imports now equals _____ and the deadweight loss of the subsidy to the Canadian economy equals _________? Read More »

Economics Mcqs, Non-Tariff Trade Barriers

During periods of growing domestic demand, an import quota ?

Economics Mcqs, Non-Tariff Trade Barriers /
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

During periods of growing domestic demand, an import quota ? Read More »

Economics Mcqs, Non-Tariff Trade Barriers

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 ?

Economics Mcqs, Non-Tariff Trade Barriers /
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

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 ? Read More »

Economics Mcqs, Non-Tariff Trade Barriers