This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Tariffs and import quotas differ in that A) one is a form of trade restriction, while the other ... (Read 75 times)

yoooooman

  • Hero Member
  • *****
  • Posts: 557
on: Jun 29, 2018
Tariffs and import quotas differ in that
 
  A) one is a form of trade restriction, while the other is not.
  B) one is a tax, while the other is a limit.
  C) one is imposed by the government, while the other is imposed by the private sector.
  D) one is legal, while the other is not.

Question 2

The above table shows production combinations on a country's production possibilities frontier. Which of the following is an example of a production point that is inefficient?
 
  A) 0 units of good X and 40 units of good Y
  B) 6 units of good X and 28 units of good Y
  C) 10 units of good X and 16 units of good Y
  D) 3 units of good X and 35 units of good Y


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kaykay69

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


yoooooman

  • Member
  • Posts: 557
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

nyrave

  • Member
  • Posts: 344
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Some of the bacteria that can fix atmospheric nitrogen, converting it into a form usable by plants. Some of the bacteria that can fix atmospheric nitrogen, converting it into a form usable by plants.
Some of the bacteria that can fix atmospheric nitrogen, converting it into a form usable by plants. Some of the bacteria that can fix atmospheric nitrogen, converting it into a form usable by plants.
New Yorkers flee from the dust caused by the collapse of the twin towers of the World Trade Center f New Yorkers flee from the dust caused by the collapse of the twin towers of the World Trade Center f
6. Nitric oxide reacts with oxygen to form nitrogen dioxide: 2 NO(g) + O2(g) ⇌ 2 NO2(g) What ... 6. Nitric oxide reacts with oxygen to form nitrogen dioxide: 2 NO(g) + O2(g) ⇌ 2 NO2(g) What ...
Common restriction enzymes, with their recognition sequence, DNA cutting patterns, and sources Common restriction enzymes, with their recognition sequence, DNA cutting patterns, and sources
Constructing a restriction map (5 of 5) Constructing a restriction map (5 of 5)
Video: Neurotransmission at chemical synapses & Excitory and inhibitory potentials

For a complete list of videos, visit our video library