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Author Question: Which of the following actions (all of which affect international trade) would be undertaken by a ... (Read 41 times)

trevg

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Question 1

A common, but invalid argument for using tariffs to maximize national income and raise domestic living standards is to
◦ create a strategic trade advantage.
◦ alter the terms of trade.
◦ keep Canadian currency in Canada.
◦ encourage learning by doing.
◦ exploit economies of scale.

Question 2

Which of the following actions (all of which affect international trade) would be undertaken by a private firm as opposed to a national government?
◦ quota
◦ tariff
◦ dumping
◦ countervailing duty
◦ import duty


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Marked as best answer by trevg on Oct 12, 2022

nikspatel037

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trevg

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Reply 2 on: Oct 12, 2022
:D TYSM


pratush dev

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

 

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