Macroeconomics

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A U.S. tariff on French wine will likely benefit U.S. wine producers and the U.S. government (by ... Started by kaid0807	1 Replies 95 Views	Jun 30, 2018 by SeanoH09
Which of the following counties are largely dependent on trade with the United States? a. China and ... Started by 809779	1 Replies 131 Views	Jun 30, 2018 by tashiedavis420
Socially inefficient outcomes may occur in markets where there are: a. negative externalities ... Started by Deast7027	1 Replies 104 Views	Jun 30, 2018 by kilada
Trade occurs when a country has an absolute advantage and not just a comparative advantage over ... Started by notis	3 Replies 126 Views	Jun 30, 2018 by Meganchabluk
The most heavily traded category of goods in the world is: a. office and telecom equipment. b. ... Started by Coya19@aol.com	1 Replies 72 Views	Jun 30, 2018 by pangili4
A warranty offered by a seller is one way to overcome: a. A warranty offered by a seller is one way ... Started by misspop	1 Replies 131 Views	Jun 30, 2018 by ntsoane kedibone
Import quotas contribute to higher prices of products imported into the U.S., but tariffs do not. ... Started by humphriesbr@me.com	1 Replies 116 Views	Jun 30, 2018 by tranoy
Which of the following lists gives world exports in the order of their value, from highest to ... Started by colton	1 Replies 100 Views	Jun 30, 2018 by tkempin
In the health insurance field, asymmetric information creates problems _____ insurance contracts are ... Started by stock	1 Replies 120 Views	Jun 30, 2018 by ergserg
A tariff on a good increases the domestic price of the good, increases domestic production of the ... Started by Capo	1 Replies 94 Views	Jun 30, 2018 by millet
A country can benefit by indulging in international trade when: a. it produces a good in which it ... Started by soccerdreamer_17	1 Replies 73 Views	Jun 30, 2018 by hugthug12
After trading in her Volkswagen Beetle for a much safer Mercedes sedan, Rene began driving less ... Started by james9437	3 Replies 54 Views	Jun 30, 2018 by carojassy25
If it can be shown that a tariff on steel imports will increase employment in the steel industry, we ... Started by burchfield96	1 Replies 74 Views	Jun 30, 2018 by ebonylittles
Between two countries, comparative advantage is found by comparing the: a. relative costs of ... Started by Cooldude101	1 Replies 58 Views	Jun 30, 2018 by dpost18
Which of the following are true? a. Negative externalities are real costs, but, unlike the other ... Started by mcmcdaniel	1 Replies 81 Views	Jun 30, 2018 by amit
The difference between absolute and comparative advantage is that: a. absolute advantage refers to ... Started by MGLQZ	1 Replies 188 Views	Jun 30, 2018 by BAOCHAU2803
If the government overcorrected in a situation of external costs a. More than the efficient amount ... Started by awywial	1 Replies 128 Views	Jun 30, 2018 by owenfalvey
If Don paints the outside of his house a horrendous color: a. he probably has lowered the value of ... Started by nevelica	1 Replies 46 Views	Jun 30, 2018 by Athena23
If two countries produce both wheat and sugar and one country has the comparative advantage in ... Started by tingc95	1 Replies 94 Views	Jun 30, 2018 by canderson530
Assume that production of a good generates external benefits for others. The equilibrium price of ... Started by burton19126	3 Replies 105 Views	Jun 30, 2018 by phuda
In Samoa the opportunity cost of producing 1 coconut is 4 pineapples, while in Guam the opportunity ... Started by waynest	1 Replies 130 Views	Jun 30, 2018 by amy.lauersdorf90
If there are important spillover benefits from consumption of a good, a. government should prohibit ... Started by newyorker26	1 Replies 59 Views	Jun 30, 2018 by duke02
Samoa could produce either 3 coconuts or 12 pineapples per worker, while Guam could produce either 5 ... Started by cool	1 Replies 94 Views	Jun 30, 2018 by bbburns21
The terms of trade is defined as: a. the quantity of inputs sacrificed to produce each unit of a ... Started by Pea0909berry	1 Replies 73 Views	Jun 30, 2018 by Andromeda18
Suppose a product produces substantial spillover costs. If the government adopts a policy that ... Started by jasdeep_brar	1 Replies 95 Views	Jun 30, 2018 by Eazy416