更多"[单选题]3.If a small nation increases "的相关试题:
[单选题]3.If a small nation increases the tariff on its import commodity, its:
A.A.consumption of the commodity increases
B.B.production of the commodity decreases
C.C.imports of the commodity increase
D.D.none of the above
[单选题]5.If a small nation increases the tariff on its import commodity:
A.A.the rent of domestic producers of the commodity increases
B.B.the protection cost of the tariff decreases
C.C.the deadweight loss decreases
D.D.all of the above
[单选题]15.The optimum tariff for a small nation is:
A.A.100%
B.B.50%
C.C.0
D.D.depends on elasticities
[单选题]2.A small nation is one:
A.A.which does not affect world price by its trading
B.B.which faces an infinitely elastic world supply curve for its import commodity
C.C.whose consumers will pay a price that exceeds the world price by the amount o f the tariff
D.D.all of the above
[单选题]9.If the terms of trade of a nation are 1.5 in a two-nation world, those of the tra de partner are:
A.A.3/4
B.B.2/3
C.C.3/2
D.D.4/3
[单选题]13.The imposition of an import tariff by a large nation:
A.A.increases the nation's terms of trade
B.B.reduces the volume of trade
C.C.may increase or reduce the nation's welfare
D.D.all of the above
[单选题]12.The imposition of an import tariff by a nation can be represented by a rotation of the:
A.A.nation's offer curve away from the axis measuring the commodity of its compara tive advantage
B.B.the nation's offer curve toward the axis measuring the commodity of its compara tive advantage
C.C.the other nation's offer curve toward the axis measuring the commodity of its co mparative advantage
D.D.the other nation's offer curve away from the axis measuring the commodity of it s comparative advantage
[单选题]8.The imposition of an import tariff by a small nation:
A.A.increases the relative price of the import commodity for domestic producers and consumers
B.B.reduces the relative price of the import commodity for domestic producers and c onsumers
C.C.increases the relative price of the import commodity for the nation as a whole
D.D.any of the above is possible
[单选题]9.The imposition of an import tariff by a small nation:
A.A.increases the nation's welfare
B.B.reduces the nation's welfare
C.C.leaves the nation's welfare unchanged
D.D.any of the above is possible
[单选题]14.The imposition of an optimum tariff by a large nation:
A.A.improves its terms of trade
B.B.reduces the volume of trade
C.C.increases the nation's welfare
D.D.all of the above
[单选题]11.The imposition of an import tariff by a nation results in:
A.A.anincrease in relative price of the nation's import commodity
B.B.an increase in the nation's production of its importable commodity
C.C.reduces the real return of the nation's abundant factor
D.D.all of the above