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Author Question: Which of the following is true? (Read 33 times)

penguins

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on: Apr 19, 2019

Question 1

The United States placed a limit on the amount of cars that can be imported into the United States. This is an example of


◦ a tariff.
◦ an export subsidy.
◦ a quota.
◦ dumping.

Question 2

Which of the following is 
true?


◦ An import quota generates government revenue.
◦ Tariffs on imports generate government revenue as long as the domestic price is larger than the world price plus the tariff.
◦ Tariffs on imports do not generate government revenue if the domestic price is larger than the world price plus the tariff.
◦ Tariffs on imports never generate government revenue.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by penguins on Apr 19, 2019

tofugiraffe

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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penguins

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Reply #2 on: Apr 19, 2019
Excellent


tofugiraffe

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Reply #3 on: Apr 19, 2019
Great! Please up vote :D


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