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Author Question: In an inflationary environment, then over time A) a specific tariff will tend to raise more ... (Read 11 times)

mckennatimberlake

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on: Jun 30, 2018
In an inflationary environment, then over time
 
  A) a specific tariff will tend to raise more revenue than an ad valorem tariff.
  B) an ad valorem tariff will tend to raise more revenue than a specific tariff.
  C) an optimum tariff will tend to raise more revenue than an escalating tariff.
  D) a tariff quota will tend to raise more revenue than a specific tariff.
  E) an import quota would raise more revenue than a specific tariff.

Question 2

An investor can write any size contract in both forward and futures markets as long as the other party involved is in agreement.
 
  Indicate whether the statement is true or false


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jamesnevil303

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

B

Answer to Question 2

FALSE
Explanation: This is true only for forward market, but not for futures.


mckennatimberlake

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

shailee

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Reply 3 on: Yesterday
Excellent

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