The terms of trade effect of a tariff refers to the fact that a small country can benefit by levying a tariff.
The terms of trade effect of a tariff refers to the fact that a small country can benefit by levying a tariff.
A tariff can increase the welfare of a ''large'' levying country if the favorable terms-of- trade effect more than offsets the unfavorable protective effect and consumption effect.
A tariff can increase the welfare of a ''large'' levying country if the favorable terms-of- trade effect more than offsets the unfavorable protective effect and consumption effect.
The British government calls for ______. A: international cooperation B: reducing the use of aviation fuel C: levying high tax on the aviation fuel D: alternatives for the aviation fuel
The British government calls for ______. A: international cooperation B: reducing the use of aviation fuel C: levying high tax on the aviation fuel D: alternatives for the aviation fuel
Which trade policy results in the government levying a "two-tier" tariff on imported goods? A: Tariff quota B: Nominal tariff C: Effective tariff D: Revenue tariff
Which trade policy results in the government levying a "two-tier" tariff on imported goods? A: Tariff quota B: Nominal tariff C: Effective tariff D: Revenue tariff
What does the news item say about the flood in the United States The opponents don’t agree to the proposal of levying tax on the obese mainly because ______. A: they are very corpulent themselves B: the assessment system is not sound C: people should have their own rights D: it may cause a lot of social problems
What does the news item say about the flood in the United States The opponents don’t agree to the proposal of levying tax on the obese mainly because ______. A: they are very corpulent themselves B: the assessment system is not sound C: people should have their own rights D: it may cause a lot of social problems