Antidumping duties are used to ?

Related Mcqs:

1. Antidumping duties applied to imported goods ?

   A. are abolished by the World Trade Organization
   B. result in decreases in consumer surplus for domestic households
   C. are imposed by industrial countries but not developing countries
   D. result in lower-priced goods for domestic consumers

2. The result of antidumping tariffs is to ?

   A. increase consumer surplus in the importing country
   B. decrease producer surplus in the importing country
   C. impose a price floor on foreign prices in the importing country
   D. impose a price ceiling on foreign price in the importing country

3. Countervailing duties levied by the U.S government are imposed to offset ?

   A. foreign dumping of goods in the U.S
   B. subsidies granted to foreign firms that export to the U.S
   C. buy national policies of foreign government
   D. stringent environmental regulations of foreign government s

4. During periods of growing domestic demand, an import quota ?

   A. is less restrictive on a country’s imports than a tariff
   B. Is more restrictive on a country’s imports than a tariff
   C. has the same restrictive effect on a country’s imports as a tariff
   D. will always generate increased tax revenue for the government

5. Throughout the world, governments tend to auction quota licenses to their highest bidder ?

   A. always
   B. often
   C. seldom
   D. never

6. A tariff-rate quota is essentially a ?

   A. two tier tariff applied to a country’s imports
   B. three-tier tariff applied to a country’s imports
   C. two tier quota applied to a county’s exports
   D. three tier quota applied to a country’s exports

7. Under a tariff- rate quota ?

   A. The within-quota tariff rate exceeds the over-quota tariff rate
   B. the over-quota tariff rate exceeds the with-quota tariff rate
   C. The within-quota tariff rate equals the over-quota tariff rate
   D. The within-quota tariff rate plus over-quota tariff rate equal 100 percent

8. With free trade, suppose that the rest of the world can supply calculators to Canada at a price of $30. Canada’s imports would now equal _____ and its consumer surplus would ____ relative to what occurred in the absence of trade. What is the change in consumer surplus? Refer to the figure that you have plotted ?

   A. 20 calculators increase
   B. 25 calculators decrease
   C. 25 calculators increase
   D. 30 calculators increase

9. Similar to import tariffs import quotas tend to result in ?

   A. higher prices and reduced imports
   B. increased government revenue
   C. increased consumer surplus
   D. decrease producer surplus

10. The form of dumping that represents the greatest potential net welfare loss the for importing national is ?

    A. predatory dumping
    B. sporadic dumping
    C. persistent dumping
    D. yearend dumping