Countervailing duties are used to offset any advantages that foreign exporters might gain over domestic producers because of foreign:
a. tariffs.
b. subsidies.
c. infant industry protection.
d. quotas.
Ans: b. subsidies.
Economics
You might also like to view...
Everything else held constant, if the sum of the required reserve ratio and the excess reserve ratio is less than one, a decrease in the currency-deposit ratio causes the M1 money multiplier to ________ and the money supply to ________
A) decrease; increase B) increase; increase C) decrease; decrease D) increase; decrease
Economics
If the wages of the workers that harvest corn each fall decreases, ceteris paribus, then the
A. Demand curve for corn will shift right. B. Supply curve for corn will shift right. C. Supply curve for corn will shift left. D. None of the choices are correct.
Economics