• 2022-06-04
    If the U.S. (a large country) imposes a tariff on its imported good, this will tend to()
    A: have no effect on terms of trade.
    B: improve the terms of trade of all countries.
    C: improve the terms of trade of the United States.
    D: cause a deterioration of S. terms of trade.
    E: raise the world price of the good imported by the United States.
  • C

    内容

    • 0

      An import tariff will cause the terms of trade of the ________ country to ________ and will ________ the country.? importing; improve; harm|importing; improve; benefit|exporting; improve; harm|exporting; improve; benefit

    • 1

      If the U.S. (a large country) imposes a tariff on its imported good, this will tend to

    • 2

      A rise in the price of imports or a fall in the price of exports will A: improve the terms of trade B: worsen the terms of trade C: Expand the production possibilities curve D: Contract the production possibilities curve

    • 3

      Trade between two countries can benefit both countries if() A: each country exports that good in which it has comparative advantage. B: each country enjoys superior terms of trade. C: each country has a more elastic demand for imported goods. D: each country has a more elastic supply for the exported goods.

    • 4

      The terms of trade effect of a tariff refers to the fact that a small country can benefit by levying a tariff.