This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Economists frequently urge governments of developing countries to replace import quotas with import ... (Read 95 times)

xclash

  • Hero Member
  • *****
  • Posts: 681
on: Jun 30, 2018
Economists frequently urge governments of developing countries to replace import quotas with import tariffs as a first step in a strategy that aims to reduce import protection.
 
  What is the reasoning offered by economists to support this recommendation to developing countries?

Question 2

How many people still live on less than the equivalent of 1.25 per day (new definition of extreme poverty)?
 
  a. 100 million.
  b. 500 million.
  c. 1.4 billion.
  d. 2.2 billion.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yifu223

  • Sr. Member
  • ****
  • Posts: 302
Reply #1 on: Jun 30, 2018
Answer to Question 1

Quotas yield rents that result in domestic groups wasting real resources fighting over these rents and at the same time quotas generate no public revenues.

Answer to Question 2

C


xclash

  • Member
  • Posts: 681
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

Dnite

  • Member
  • Posts: 297
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Catbirds and robins reject objects shaped similarly to cowbird eggs no more frequently than objects Catbirds and robins reject objects shaped similarly to cowbird eggs no more frequently than objects
Humpbacks frequently breach, throwing two thirds or more of their bodies out of the water and splash Humpbacks frequently breach, throwing two thirds or more of their bodies out of the water and splash
School-age children are often independent and industrious, with a developing sense of self-confidenc School-age children are often independent and industrious, with a developing sense of self-confidenc
Countries with the Greatest Oil Reserves Countries with the Greatest Oil Reserves
Frequently Used Computer Terms Frequently Used Computer Terms
Countries of Origin of Unauthorized Immigrants to the United States Countries of Origin of Unauthorized Immigrants to the United States
Video: Causes of Angina

For a complete list of videos, visit our video library