Antidumping duties applied to imported goods
A. | are abolished by the World Trade Organization |
B. | result in decreases in consumer surplus for domestic households |
C. | are imposed by industrial countries but not developing countries |
D. | result in lower-priced goods for domestic consumers |
Option: B Explanation : Click on Discuss to view users comments. |
How will the increase in volatility in asset price affect the value of the option?
A. | Increase the value |
B. | Decrease the value |
C. | May not affect |
D. | Any of the above |
Option: A Explanation : Click on Discuss to view users comments. |
A sudden shift from import tariffs to free trade may induce short-term unemployment in
A. | Import-competing industries |
B. | Industries that are only exporters |
C. | Industries that sell domestically as well as export |
D. | Industries that neither import nor export |
Option: A Explanation : Click on Discuss to view users comments. |
When one country provides most favored nation status (normal trade relations) for another, it agrees to
A. | charge that nation's products a lower tariff than any other nation's |
B. | charge that nation's products a tariff rate no higher than that on any other nation |
C. | charge that nation's products a higher tariff than any other nation's |
D. | exports to that nation any products that it wants to purchase |
Option: B Explanation : Click on Discuss to view users comments. |