Author Question: An import quota is similar to a ________ in its effect on imports, except that an import quota ... (Read 175 times)

RYAN BANYAN

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An import quota is similar to a ________ in its effect on imports, except that an import quota ________.
 
  A) tariff; does not generate revenue
  B) tariff; generates revenue
  C) subsidy; does not generate revenue
  D) subsidy; generates revenue
  E) tariff; does not result in an efficiency loss.

Question 2

The greater are foreign tradable goods price fluctuations, the more likely that authorities will choose a ________ exchange rate system.
 
  A) floating
  B) fixed
  C) crawling peg
  D) dual



huda

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Answer to Question 1

A

Answer to Question 2

A



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