An import quota protects domestic producers by
A: setting a limit on the amount of imports.
B: placing a prohibitive tax on imports.
C: encouraging competition among domestic producers.
D: increasing the total supply of the product.
A: setting a limit on the amount of imports.
B: placing a prohibitive tax on imports.
C: encouraging competition among domestic producers.
D: increasing the total supply of the product.
举一反三
- The Marshall-Lerner condition applies only if ηx+ηm > 1, in whichηx+ηm is ( ) A: supply price elasticity of domestic import and export commodities B: demand income elasticity of domestic imports and exports commodities C: expected Elasticity of demand for domestic imports and exports commodities D: demand price elasticity of domestic imports and exports commodities
- The Marshall-Lerner condition applies only if ηx+ηm > 1, in whichηx+ηm is ( ) A: supply price elasticity of domestic import and export commodities B: demand income elasticity of domestic imports and exports commodities C: expected Elasticity of demand for domestic imports and exports commodities D: demand price elasticity of domestic imports and exports commodities
- If a small country imposes a tariff on imported motorcycles ( ) A: the surplus of the domestic producers of motorcycles will decline, but the surplus of the domestic consumers will increase. B: the surplus of both the domestic producers and consumers of motorcycles will decline. C: the surplus of both the domestic producers and consumers of motorcycles will increase. D: the surplus of the domestic producers of motorcycles will increase, but the surplus of the domestic consumers will decline.
- Which of the following is a consequence of subsidies? A: Subsidies make domestic producers vulnerable to foreign competition B: Subsidies lead to lowered production. C: Subsidies protect inefficient domestic producers D: Subsidies produce revenue for the government.
- Which of the following is not a consequence of subsidies? ( ) A: Subsidies produce revenue for the government. B: Subsidies protect inefficient domestic producers. C: Subsidies make domestic producers vulnerable to foreign competition. D: Subsidies lead to lowered production.