Market & Non-Tariff Trade Barriers Mcqs

Q.  A decrease (leftward shift) in the supply for a good will tend to cause ?

a. an increase in the equilibrium price and quantity
b. a decrease in the equilibrium price and an increase in the equilibrium quantity
c. none of these answers
d. a decrease in the equilibrium price and quantity.
e. an increase in the equilibrium price and a decrease in the equilibrium quantity


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  A specification of a maximum amount of a foreign produced good that will be allowed to enter the country over a given time period is referred to as a (an) ?
Category: Economics Mcqs,   Published by: T-Code Scripts
MCQs:  Export subsidies levied by foreign governments on products in which the Pakistan the comparative disadvantage ?
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MCQs:  With free trade, suppose that the rest of the world can supply calculators to Canada at a price of $30. Canada’s imports would now equal _____ and its consumer surplus would ____ relative to what occurred in the absence of trade. What is the change in consumer surplus? Refer to the figure that you have plotted ?
Category: Economics Mcqs,   Published by: T-Code Scripts
MCQs:  The reason for dumping is that the demand curve for ABC Co’s computers is _______ because ________ are available from other nations?
Category: Economics Mcqs,   Published by: T-Code Scripts
MCQs:  From the perspective of the American public as a whole, export subsidies levied by overseas governments on goods sold to the United States ?
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MCQs:  With free trade suppose that the rest of the world can supply computers to Norway at a price of $1,500 Norway’s imports will now equal. Compared to What occurred in the absence of trade, Norway’s consumers surplus will _____ and its producer surplus will ____. Can you calculate these amounts? Try plotting the information of this table on a sheet of graph paper ?
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MCQs:  By practicing price discrimination, the firm would realize profits totaling ?
Category: Economics Mcqs,   Published by: T-Code Scripts
MCQs:  Suppose that the domestic government allows a specific number of goods to be imported each year, but it does not specify from where the product is shipped or who is permitted to import Such a trade barrier is known as ?
Category: Economics Mcqs,   Published by: T-Code Scripts
MCQs:  Under a tariff- rate quota ?
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MCQs:  The firm would maximize profit by selling computers in the United States at a price of __________ and _________ computers in Japan at a price of __________?
Category: Economics Mcqs,   Published by: T-Code Scripts
MCQs:  Buy national policies ?
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MCQs:  What type of trade barrier was used to protect U.S auto firms from foreign competition during 1981 – 1984 ?
Category: Economics Mcqs,   Published by: T-Code Scripts
MCQs:  ________ occurs when a firm disposes on foreign markets a temporary increases in inventories caused by unforeseen changes in supply and demand conditions in the home economy?
Category: Economics Mcqs,   Published by: T-Code Scripts
MCQs:  The form of international price discriminations (dumping) normally associated with economic recession or excess inventories in the exporting nation is known as ?
Category: Economics Mcqs,   Published by: T-Code Scripts
MCQs:  A tariff-rate quota is essentially a ?
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MCQs:  Nontariff trade barriers could include all of the following except ?
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MCQs:  A(n) ________ is n example of a quota where foreigners hold quota licenses ?
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MCQs:  The home country government can confiscate the revenue effect of an import quota if ?
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MCQs:  The welfare effects of a quota depend to a considerable extent upon ?
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MCQs:  ___________ are quotas that lead to a complete abolishment of trade?
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