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Author Question: Which of the following tools of commercial policy acts as a quantitative restriction on imports? a. ... (Read 79 times)

jilianpiloj

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  • Posts: 521
on: Jun 30, 2018
Which of the following tools of commercial policy acts as a quantitative restriction on imports?
 a. Tariff
  b. Subsidy
  c. Health and Safety regulations
  d. Quota
  e. Government procurement

Question 2

A tariff on shoes would lead to:
 a. a higher price for shoes for domestic consumers.
 b. greater sales of shoes at higher prices for domestic producers.
  c. lower sales of foreign shoes.
 d. all of the above


cuttiesgirl16

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

d

Answer to Question 2

d


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