A. increase American farm exports to the EU
B. decrease American farm exports to the EU
C. lowered the price of American farm exports to the EU
D. not affected the price of American farm exports to the EU
Related Mcqs:
- Under the Common Agricultural Policy exports of any surplus quantities EU produce are encouraged through the usage of ?
A. variable levies
B. export subsidies
C. trigger prices
D. countertrade - Under the EU’s Common Agricultural Policy, a variable import levy equals the ?
A. amount the which the EU’s support price exceeds the world price
B. amount by which the world price exceeds the EU’s support price
C. support price of the EU
D. world price - In the early eighties, the Federal Reserve pursed a tight monetary policy. All else being equal. the impact of that policy was to interest rates in the United States relative to those in Europe and cause the dollar to _______ against European currencies?
A. decrease; depreciate
B. decrease; appreciate
C. increase; depreciate
D. increase; appreciate - Trade creation will more likely outweigh trade diversion for Country X that forms a customs union if the level of tariffs in Country X prior to the customs union is ________ and the total number of countries forming the customs union is _________?
A. relatively high; relatively large
B. relatively high; relatively small
C. relatively low ; relatively large
D. relatively low ; relatively small - Which of the following colonial policy contribute further to today’s agricultural underdevelopment in Africa ?
I. Colonial governments compelled farmers to grow selected crops
II. Colonialism often changed traditional land tenure systems from individual control to communal
III. Colonialists failed to train African agricultural scientists and managers
IV. Research and development concentrated on food production and small farmers and herders.A. I and II only
B. I and III only
C. III and IV only
D. II and III only - The policy that has been the most successful in increasing agricultural output in developing countries is ?
A. mechanization
B. land reform
C. import substitution
D. produce marketing boards - The European Union has achieved all of the following except ?
A. adopted a common fiscal policy for member nations
B. established a common system of agricultural price supports
C. disbanded all tariffs between its member countries
D. levied common tariffs on products imported from nonmembers - The European Union is an example of a/an ?
A. customs union
B. economic union
C. common market
D. free trade area - The implementation of the European Union has ?
A. made it harder for Americans of compete against the Germans in the British market
B. made it easier for Americans to compete against the Germans in the British market
C. made it harder for Americans to compete against the Japanese in the British market
D. made it easier for Americans to compete against the Japanese in the British - As of 2002, the ________ became the official currency union of the European Monetary System ?
A. dollar
B. mark
C. franc
D. euro