Which of the following is a nontariff barrier policy tool? (a) ...

[futuristic]

Which of the following is a nontariff barrier policy tool?
 
  (a) Sanitary regulations.
  (b) Average duties.
  (c) Phased liberalization.
  (d) Ad valorem tax.

Question 2

At least one economist has suggested that even large developing-country cities are economically too small. What argument would support this contention? How would you argue against it?
 
  What will be an ideal response?

[flannelavenger]

Answer to Question 1

A

Answer to Question 2

Cities could be considered too small if the demand and supply of urban services are determined in a perfect market: migration indicates cities can accept new populations. Imperfect information, however, suggests that migrants continue to come even though services are insufficient to support them. (Information here is a public good to the extent that overpopulated cities suffer considerable negative externalities.)

[futuristic]

TYSM

[ultraflyy23]

Thanks for the timely response, appreciate it