Author Question: Export subsidies lead to A) greater production of exportables and higher internal prices for ... (Read 81 times)

EY67 · **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