__ increase the prices of products that are allowed to be imported.
Select one:
a. Stockouts
b. Tariffs
c. Quotas
d. Discounts
e. Expropriations
Answer:
b. Tariffs increase the prices of products that are allowed to be imported.
Tariffs like custome duty are used to restrict imports by increasing the price of the imported goods and services from abroad in order to protect the interest of domestic sellers and make the imported items less attractive.
__ increase the prices of products that are allowed to be imported. Select one: a. Stockouts...
Limits on the quantity or total value of specific products imported to a nation are a. import quotas b. protective tariffs c. nontariff barriers d. export subsidies
What type of data can be imported in to QBO? Select one: a. Customers b. Vendors c. Accounts d. Products and Services e. All of the above can be imported into QBO
one of the following has more probability to increase the economic growth of a country. which one? Question 24 1 pts One of the following has more probability to increase economic growth of a country. Which one? increased capital formation o an increase in marginal tax rates O the imposition of tariffs and quotas on imported goods rapid population growth « Previous
The ratio of the prices of exported goods to the prices of imported goods is known as the: A. international inflation rate. B. terms of trade. C. price differential. D. ratio of advantage. Which statement is correct? A. Tariffs encourage international trade. B. There are both winners and losers from international trade. C. International trade lowers global production. D. It is always in the producers' interest to open borders to trade. Which statement is NOT an argument against free trade?...
Deregulation is characterized as O the addition of tariffs on products imported from developed countries. O the reduction of trade partnerships between varying countries. O the addition of government restrictions on the number of firms, prices the firms charge, and the quantity of products produced O the elimination or reduction of government restrictions on the number of firms, prices the firms charge, and the quantity of products produced.
Which of the following is not a reason why imposing a tariff on imported goods may reduce a country's overall economic well-being? A. It encourages domestic consumers to substitute away from the now-more expensive good to a second-best good. B. By discouraging low-cost foreign goods in favor of high-cost domestic goods, it raises prices to consumers. C. Tariffs encourage producers to remain in protected industries where they don't have a comparative advantage. D. By limiting the number of goods allowed...
An increase in the Money Supply: Select one: O a. leads to a fall in prices and an increase in consumption, shifting the AD to the left O b.leads to an increase in net exports, shifting the AS to the right O c. leads to a fall in interest rates and a consequent increase in investment, shifting the AD to the right O d. none of the above if a country that is a trade partner of ours falls into...
When a nation removes restrictions on imported products that nation will experience higher prices and consume lower quantities. experience higher prices and consume higher quantities. experience lower prices and consume lower quantities. experience lower prices and consume higher quantities.
1.The number of people sick from imported meat products in a certain city was found to be normally distributed with mean and standard deviation: X≈N(U=190, σ =22). What is the probability that the number sick next month in that city would be between 175 and 194? Select one: a. 0.3231 b. 0.1803 c. 0.1769 d. 0.6769 2.The number of people getting sick from imported meat products in a certain city in one month was found to be normally distributed with...
1.-In the long run, increased import quotas by Mexico's government would tend to: A: Increase Mexico's imports and decrease its exports B: Decrease imports and increase exports C: Decrease imports and exports D: Increase imports and exports 2.-For the United States, antidumping laws tend to result in: A: Decrease in consumer surplus B: Lower tax revenue for the U.S. government C: A ceiling imposed on foreign prices D: a decrease in producer surplus The U.S> constitution allows the country to...