Which of the following works to limit trade by explicitly raising prices (i.e. as a tax)?
A. Tariffs
B. Buy "American advertising"
C. Non-tariff regulatory barriers
D. Quotas
Answer: A
Economics
You might also like to view...
The above figure shows the domestic market for tomatoes. Suppose this market is isolated from global competition and there is a support price set at $16. In this figure, what area equals the consumer surplus?
A) area A + area B + area C B) area A + area F C) area C + area D + area E + area G D) area A E) area F
Economics
Given the economy's existing resources and technology, the only way to enjoy more consumer goods today is to
a. devote more resources to investment goods today. b. accumulate more capital today. c. have a slower economic growth rate in the future. d. devote more resources to consumer goods in the future.
Economics