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Author Question: Which of the following is a nontariff barrier policy tool? (a) Sanitary regulations. (b) Average ... (Read 21 times)

futuristic

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on: Jun 30, 2018
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?


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flannelavenger

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Reply #1 on: Jun 30, 2018
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

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

emsimon14

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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