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Author Question: If Brazil imposes a 50 tariff on automobiles and a 25 tariff on motors, the effective rate of ... (Read 115 times)

rachel9

  • Sr. Member
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  • Posts: 495
on: Jun 30, 2018
If Brazil imposes a 50 tariff on automobiles and a 25 tariff on motors, the effective rate of protection on autos is
 
  A) higher than the nominal rate of protection on autos.
  B) need more information to answer.
  C) lower than the nominal rate of protection on autos.
  D) equal to the nominal rate of protection on autos.

Question 2

The voices of business and industry are less likely to influence government policy than the voices of consumers in the HPAE.
 
  Indicate whether the statement is true or false


ciecieme

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  • Posts: 331
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

FALSE


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