Author Question: If Japan were concerned that electronics coming from China were hurting the Japanese electronics ... (Read 153 times)

Yolanda · **on:** Jul 14, 2018

If Japan were concerned that electronics coming from China were hurting the Japanese electronics industry, which of the following actions would they take?
A) Increase imports of Chinese electronics
B) Cut import tariffs on Chinese electronics by 50
C) Increase import quotas for Chinese electronics by 50
D) Stop exports of Japanese electronics to China
E) Increase import tariffs on Chinese electronics by 50

Question 2

If Indonesia enacts an embargo on all goods from the United States, and changes average import tariffs from 10 to 30, what is the expected impact in Indonesia?
A) Increased imports from the United States
B) Increased exports to the United States
C) More consumer choice
D) Less consumer choice
E) Lower prices for Indonesian consumers