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Author Question: Export subsidies lead to A) greater production of exportables and higher internal prices for ... (Read 86 times)

EY67

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on: Jun 30, 2018
Export subsidies lead to
 
  A) greater production of exportables and higher internal prices for these goods.
  B) greater production of exportables and lower internal prices for these goods.
  C) greater production of importables and higher internal prices for these goods.
  D) None of the above.

Question 2

An import quota will ________ producer surplus, ________ consumer surplus, ________ government revenue, and ________ overall domestic national welfare.
 
  A) increase; decrease; increase; have an ambiguous effect on
  B) increase; decrease; decrease; decrease
  C) increase; decrease; have no effect on; have an ambiguous effect on
  D) increase; decrease; have no effect on; decrease
  E) increase; increase; decrease; have an ambiguous effect on


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memslove

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

C


EY67

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

juliaf

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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