« previous next »

Author Question: The optimum tariff is A) the best tariff a country can obtain via a WTO negotiated round of ... (Read 127 times)

genevieve1028

  • Hero Member
  • *****
  • Posts: 601
on: Jun 30, 2018
The optimum tariff is
 
  A) the best tariff a country can obtain via a WTO negotiated round of compromises.
  B) the tariff, which maximizes the terms of trade gains.
  C) the tariff, which maximizes the difference between terms of trade gains and terms of trade loses.
  D) not practical for a small country due to the likelihood of retaliation.
  E) not practical for a large country due to the likelihood of retaliation.

Question 2

In the 2-factor, 2 good Heckscher-Ohlin model, trade will ________ the owners of a country's ________ factor and will ________ the good that uses that factor intensively.
 
  A) benefit; abundant; export
  B) harm; abundant; import
  C) benefit; scarce; export
  D) benefit; scarce; import
  E) harm; scarce; export


janieazgirl

  • Sr. Member
  • ****
  • Posts: 300
Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Optimum Temperature of Enzymes Optimum Temperature of Enzymes
How do you set yourself apart in a country so rich that of its 4.6 million people, 79,000 are ... How do you set yourself apart in a country so rich that of its 4.6 million people, 79,000 are ...
Energy Use by Different Country Groups Energy Use by Different Country Groups
Cost of Copying for the Follower Country Cost of Copying for the Follower Country
Bone structure of a round fish Bone structure of a round fish
Explain how it can be desirable from an intertemporal perspective for a country run a current ... Explain how it can be desirable from an intertemporal perspective for a country run a current ...
Video: SNP Polymorphysim Microarray Chip - How to Test a Person's DNA

For a complete list of videos, visit our video library