Author Question: Import quotas contribute to higher prices of products imported into the U.S., but tariffs do not. ... (Read 65 times)

humphriesbr@me.com

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Import quotas contribute to higher prices of products imported into the U.S., but tariffs do not.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following factors are least likely to affect what countries end up trading in the international market?
 a. International trade tariffs
  b. Government debt levels
  c. Comparative advantages
  d. Differences in tastes
  e. Different technological needs



tranoy

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Answer to Question 1

False

Answer to Question 2

b



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