Question

Do every part ASAP. No explanation just choice. Otherwise, I will report you. I don't want...

Do every part ASAP. No explanation just choice. Otherwise, I will report you. I don't want to hear your as per guideline nonsense.

Part 1

  1. From 1999 to 2007, U.S. imports from Mexico grew each year by approximately

    5%.

    15%.

    22%.

    75%.

Part 2

  1. Tariffs imposed upon U.S. rice imported into Japan tend to

    help U.S. consumers and harm Japanese rice producers.

    help Japanese consumers and harm Japanese rice producers.

    harm U.S. consumers and harm Japanese rice producers.

    harm Japanese consumers and help Japanese rice producers.

Part 3

  1. In late-2008, Congress rejected a proposed trade pact with Chile tied to

    an overhaul of the U.S. Postal Service.

    a bailout of the U.S. tobacco industry.

    a rescue package for the U.S. auto industry.

    negotiations with Colombian drug lords.

Part 4

  1. One of the reasons economists approve of limiting trade would be

    the preservation of a high-employment company.

    the preservation of a large-production company.

    the preservation of a high-wage company.

    the desire not to encourage the employment of children.

Part 5

  1. A tariff will typically

    increase the price, net of the tariff, that is received by sellers.

    reduce the price paid by consumers.

    increase the price paid by consumers.

    have no effect on price.

Part 6

  1. If the opportunity cost of producing a ton of coffee in the U.S. is twenty tons of rice, while the opportunity cost of producing a ton coffee in Costa Rica is four tons of rice, and the terms of trade are ten tons of rice delivered per ton of coffee received,

    Costa Rica can benefit by trading rice to the U.S. for coffee.

    the U.S. can benefit by trading rice to Costa Rica for coffee, and Costa Rica can benefit by trading coffee to the U.S. for rice.

    the U.S. can benefit by trading rice to Costa Rica for coffee.

    Costa Rica can benefit by trading coffee to the U.S. for rice.

Part 7

  1. Which of the following purports to be a "free-trade" agreement?

    USSR

    CAFTA

    WTO

    GATT

Part 8

  1. Which of the following is an organization designed to settle trade disputes?

    WTO

    GATT

    NAFTA

    USSR

Part 9

  1. A quota that limits U.S. imports of cane sugar

    harms U.S. consumers more than it helps U.S. producers.

    helps both U.S. consumers and U.S. producers at the expense of foreign producers.

    helps U.S. producers more than it hurts U.S. consumers.

    harms foreign producers more than it helps U.S. producers.

Part 10

  1. Jobs in the U.S. textile industry can be saved by imposing tariffs upon textiles imported into the U.S., but the cost to U.S. consumers is estimated to be approximately

    $94,000 annually per job saved.

    $148,000 annually per job saved.

    $23,000 annually per job saved.

    $49,000 annually per job saved.

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Answer #1

Part 1 -- 22% ( 3rd option)

Part 2= 4th option

Part 3 = option 4

Part 4 = option 2

Part 5 = option 3

Part 6 = option 2

Part 7 = option 2

Part 8 = option 1

Part 9 = option 3

Part 10 = option 2

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