This topic contains a solution. Click here to go to the answer

Author Question: If a tariff of 10 has no effect on the world price, the optimal tariff on that product A) is 10. ... (Read 65 times)

amal

  • Hero Member
  • *****
  • Posts: 572
If a tariff of 10 has no effect on the world price, the optimal tariff on that product
 
  A) is 10.
  B) is zero.
  C) is higher than 10.
  D) depends upon the amount of government revenue collected.

Question 2

The Latin American region has more economic equality than the HPAE because nations are more democratic.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

matt95

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

B

Answer to Question 2

FALSE




amal

  • Member
  • Posts: 572
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


raili21

  • Member
  • Posts: 324
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

For a complete list of videos, visit our video library