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
Related Mcqs:
- For year the U.S government levied quotas on inexpensive oil imported from the Middle East The quotas led to cost increases for U.S consumers totaling $3 billion for oil products. An apparent justification of this policy was that ?
A. U.S oil companies and workers deserved higher incomes
B. U.S oil was of superior quality and merited higher prices
C. one should not be too dependent on foreign suppliers of crucial resources
D. The U.S government needed the quota revenue to balance its budget - From the sale of capital assets tax is levied on profits. What this tax is called ?
A. Profit tax
B. Capital gains tax
C. Excise duty
D. Capital tax - Term a tax that is levied by a country of source on income paid, usually on dividends remitted to the home country of the firm operating in a foreign country?
A. Wealth tax
B. Withholding tax
C. Income tax
D. None of these - What is called the tax that is levied on retail price of merchandise collected by retailer ?
A. Sales Tax
B. General Tax
C. Local Tax
D. Gross Tax - From the perspective of the American public as a whole, export subsidies levied by overseas governments on goods sold to the United States ?
A. help more than they hurt
B. hurt more then they help
C. are equivalent to an import quota
D. are equivalent to an export quota - Export subsidies levied by foreign governments on products in which the Pakistan the comparative disadvantage ?
A. lower the welfare of all Pakistanis
B. lead to increases in Pakistani consumer surplus
C. encourage Pakistan’s production of competing goods
D. encourage Pakistani workers to demand higher wages - Current account deficit are offset by______________?
A. merchandise trade deficits
B. merchandise trade surpluses
C. capital/financial account surpluses
D. capital/financial account deficits - If two countries A and B are member of a currency union and there is a shift in consumer preferences away from the goods of country A and towards those of country B than which one of the following would help to offset the effect of the resulting changes in aggregate demand in A and B on inflation and unemployment in the tow countries ?
A. A high degree of labour mobility between the tow countries
B. An increase in government spending in country (A)
C. A depreciation in the foreign exchange value of the common currency
D. A low degree of capital mobility between the two countries - Except for taxes to offset ______ taxes are ______?
A. imperfect competition popular
B. externalities , distortionary
C. inequality , a first best option
D. poor health, unnecessary - The competitive advantage from a devaluation is likely to be offset by _______ and ________?
A. higher import prices, higher wages increases
B. lower export prices, lower imports volumes
C. higher import prices, lower export prices
D. higher wage increases lower import volumes
