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Author Question: If Canada imposes a tariff on bananas and if none are grown in Canada, this tariff has A) only ... (Read 94 times)

kodithompson

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on: Jun 30, 2018
If Canada imposes a tariff on bananas and if none are grown in Canada, this tariff has
 
  A) only revenue effects.
  B) only protective effects.
  C) both protective and revenue effects.
  D) neither protective nor revenue effects.

Question 2

An increase in the world relative demand for U.S. output causes
 
  A) a short-run real depreciation of the dollar against the euro.
  B) a long-run real appreciation of the dollar against the euro.
  C) a long-run real depreciation of the dollar against the euro.
  D) a short-run real appreciation of the euro against the dollar.
  E) a long-run real appreciation of the euro against the dollar.


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nicoleclaire22

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

A

Answer to Question 2

B


kodithompson

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

chereeb

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Reply 3 on: Yesterday
Excellent

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