A. Imported, but not exported
B. Exported, but not imported
C. Exported and imported
D. Neither imported not exported
Related Mcqs:
- Suppose that tomatoes from Mexico face a 20 percent tariff in the United States and a 25 percent tariff in Canada. If the United States and Canada maintain free trade between each other, the these two countries belong to a ?
A. free-trade area
B. customs union
C. common market
D. monetary union - An increase in the price of automobiles shifts the demand for autoworkers to the ?
A. left and decreases the wage
B. right and decreases the wage
C. right and increases the wage
D. left and increases the wage - G. MacDougal compared export ratios and labor productivity ratios for the United States and the United Kingdom in order to test the:
A. Ricardian theory of comparative
B. Heckscher Ohl in theory of comparative advantage
C. Linder theory of overlapping demand all of the above
D. None of these - Canada France, Germany, Italy, Japan, The United Kingdom and United States are ?
A. G-7 countries
B. countries with highest productivity growth in the world since 1960
C. countries with decreasing TFP growth since 1990s
D. countries with the lowest information technology equipment and software index prices - Major trading partners of the United States including all of the following countries except ?
A. Canada
B. Mexico
C. China
D. North Korea - Recent pressures for protectionism in the United States have been motivated by all of the following except ?
A. U.S firms shipping component production overseas
B. High profit levels for American corporations
C. Sluggish rates of productivity growth in the United States
D. High unemployment rates among America workers - A reduced share of the world export market for the United States would be attributed to?
A. Decreased productivity in U.S manufacturing
B. High incomes of American households
C. Relatively low interest rates in the United States
D. High levels of investment by American corporations - The largest amount of trade with the United States in recent years has been conducted by ?
A. Canada
B. Germany
C. Mexico
D. United Kingdom - For the United states, exports plus imports are about _____ of its gross national product?
A. 5 percent
B. 10 percent
C. 25 percent
D. 55 percent - For the United States, commercial jetliners are ?
A. Imported, but not exported
B. Exported, but not imported
C. Imported and exported
D. Neither exported nor imported