From the perspective of the American public as a whole, export subsidies levied by overseas governments on goods sold to the United States ?

Related Mcqs:

1. 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

2. A way helping depressed regions by having wage subsidies lower business taxes and capital subsidies has been suggested as ?

   A. New classical economists.
   B. Left wing theorists
   C. interventionist policies.
   D. monetarists.

3. A way of helping depressed regions by having wage subsidies lower business taxes and capital subsidies has been suggested as ?

   A. New classical economists
   B. left-wing theorists
   C. interventionist policies
   D. monetarists

4. What is called a group of countries that have removed all tariffs, quotas, and export subsidies on trade among themselves ?

   A. Close-trade zone
   B. Free trade zone
   C. Both of them
   D. None of them

5. Micheal Roemer’s three-sector model shows that growth in the booming export sector I- reduces the price of foreign exchange II- retards other sectors’ growth by reducing incentives to export other commodities III- reduces incentives to replace domestic goods for imports IV- raises factor and input prices for non-booming sectors ?

   A. I and III only
   B. II and III only
   C. I, II and III only
   D. I, II , III only IV

6. In certain industries Japanese employers hesitate to lay off workers Therefore they sometimes have excess supplies of goods that they cannot sell on the home market without lowering prices. To hold down losses they sell goods in overseas markets at prices well beneath those in japan This practice is best referred to as ?

   A. Orderly marketing
   B. trigger pricing
   C. domestic content pricing
   D. dumping

7. 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

8. Suppose that the world price of tin is above the target (ceiling) price that is defined by an international commodity agreement. To move the world price toward the target price, a buffer stock agreement would require its buffer stock manager to ____ tin and an export quota agreement would require that member countries _________ their export of tin?

   A. purchase; decrease
   B. purchase; increase
   C. sell; increase
   D. sell; decrease

9. In the Px = export price index, Pm = import price index, Qx = export quantity index,and Qm = import quantity index. Developing countries tend to maintain that their commodity term of trade have declined over the long run suggesting that _________ has declined?

   A. Px/Pm
   B. Pm/Px
   C. (Pm/Px)Qm
   D. (Px/Pm)Qx

10. The booming of North Seas’ gas export revenues in the 1970s that appreciated the guilder, making industrial export more costly in foreign currencies and increasing foreign competition and unemployment is known as ?

    A. Trade deficit
    B. Blind river disease
    C. Dutch disease
    D. Economic turmoil