A quota brings a more serious misallocation of resources than a tariff.

Answer the following statement true (T) or false (F)

True

Economics

You might also like to view...

If UIP holds and if the home currency is expected to depreciate, then:

a. the home interest rate must be greater than the foreign interest rate. b. interest rates cannot be changing. c. the home interest rate must be less than the foreign interest rate. d. Not enough information is provided to answer the question

Economics

Which of the following is a financial intermediary that serves as a bridge between savers and borrowers in the loanable funds market model?

a) Mutual funds b) Corporations c) Government d) Stock market

Economics