Which of the following is NOT true? ( ).
A: Import companies prefer quotas to tariffs because it means more profits as long as they can receive the rights to fill those quotas
B: In the case of tariffs, the government collects tariff revenue
C: Any increase in demand under a tariff would result in higher prices
D: In the case of quotas, the government collects no revenue
A: Import companies prefer quotas to tariffs because it means more profits as long as they can receive the rights to fill those quotas
B: In the case of tariffs, the government collects tariff revenue
C: Any increase in demand under a tariff would result in higher prices
D: In the case of quotas, the government collects no revenue
举一反三
- Import tariffs and import quotas yield identical protection effects, consumption effects, redistribution effects, and revenue effects.
- 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 of the following will probably not result in an increase in a country's current account balance (assuming everything else constant)? A: A decrease in the country's rate of inflation B: A decrease in the country's national income level C: An increase in government restrictions in the form of tariffs or quotas D: An appreciation of the country's currency E: All of the above will result in an increased current account balance.
- The sugar import quotas of the U.S. government have tended to increase the market price of sugar, thus reducing the costs to the government of maintaining sugar price supports for domestic growers.
- Assume the United States adopts a tariff quota on steel in which the quota is set at 2 million tons, the within-quota tariff rate equals 5 percent, and the over-quota tariff rate equals 10 percent. Suppose the U.S. imports 1 million tons of steel. The resulting revenue effect of the tariff quota would accrue to:( ) A: The U.S. government only B: U.S. importing companies only C: Foreign exporting companies only D: The U.S. government and either U.S. importers or foreign exporters