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Author Question: Import quotas contribute to higher prices of products imported into the U.S., but tariffs do not. ... (Read 110 times)

humphriesbr@me.com

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  • Posts: 550
on: Jun 30, 2018
Import quotas contribute to higher prices of products imported into the U.S., but tariffs do not.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following factors are least likely to affect what countries end up trading in the international market?
 a. International trade tariffs
  b. Government debt levels
  c. Comparative advantages
  d. Differences in tastes
  e. Different technological needs


tranoy

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

False

Answer to Question 2

b


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