题目内容

Free traders point out that:

A. There is usually an efficiency gain from having tariffs
B. There is usually an efficiency loss from having tariffs
C. Producers lose from tariffs at the expense of consumers
D. Producers lose from tariffs at the expense of the government

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A decrease in the import tariff will result in:

An increase in imports but a decrease in domestic production
B. A decrease in imports but an increase in domestic production
C. An increase in price but a decrease in quantity purchased
D. A decrease in price and a decrease in quantity purchased

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Suppose that the production of $500,000 worth of steel in the United States requires $100,000 worth of iron ore. The U.S. nominal tariff rates for importing these goods are 15 percent for steel and 5 percent for iron ore. Given this information, the effective rate of protection for the U.S. steel industry is approximately:

A. 6 percent
B. 12 percent
C. 18 percent
D. 24 percent

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Suppose that the production of a $30,000 automobile in Canada requires $10,000 worth of steel. The Canadian nominal tariff rates for importing these goods are 25 percent for automonbiles and 10 percent for steel. Given this information, the effective rate of protection for the Canadian automobile industry is approximately:

A. 15 percent
B. 32 percent
C. 48 percent
D. 67 percent

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Suppose an importer of steel is required to pay a tariff of $20 per ton plus 5 percent of the value of steel. This is an example of a (an):

A. Specific tariff
B. Ad valorem tariff
Compound tariff
D. Tariff quota

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Free traders point out that:

A. There is usually an efficiency gain from having tariffs B. There is usually an efficiency loss from having tariffs C. Producers lose from tariffs at the expense of consumers D. Producers lose from tariffs at the expense of the government

A decrease in the import tariff will result in:

Suppose an importer of steel is required to pay a tariff of $20 per ton plus 5 percent of the value of steel. This is an example of a (an):

A. There is usually an efficiency gain from having tariffs
B. There is usually an efficiency loss from having tariffs
C. Producers lose from tariffs at the expense of consumers
D. Producers lose from tariffs at the expense of the government