An import quota is - Study guides, Class notes & Summaries

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In order to encourage the agricultural industry, the French government provided low-interest loans for the purchase of seeds and fertilizers. The government also gave cash grants and made tax reductions. Which instrument of trade policy is being used by the French government? tariffs voluntary export restraints subsidies local content requirements import quotas - answer-subsidies A(n) ________ refers to the extra profit that producers make when supply is artificially limited by an impo...

1. define Globalisation the process through which nation- al economies, societies and cultures are becoming increasingly intercon- nected through global networks of trade, communication, transportation and immigration 2. where are levels of globalisation the highest 3. where are levels of globalisation the lowest 4. 3 Key Characteristics of Globalisa- tion between core countries, as a result of them having sorted out major do- mestic problems, giving them spare capacity to look to solve ...

Globalization can be viewed as: - ️️1. a new force sweeping through the world in recent times. 2. a long-run historical evolution since the dawn of human history. 3. a pendulum that swings from one extreme to another from time to time. Which are the three views of globalization? - ️️A recent force, a long-running evolution, and a pendulum An import quota is: - ️️restriction on the quantity of imports that can be brought into a country. Examples of nontariff trade barrier (NTB...

Suppose that the United States imposes a tariff on avocados imported from Mexico. What impact will this have on the price paid for avocados by United States citizens? o :## The price will increase. Which of the following is a consequence of a country imposing a tariff on imported goods? o :## The demand for foreign produced goods decreases. Suppose that the United States imposes a tariff on salt. What impact might this tariff have on the price for domestic consumers? o :## Consumers ...

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WGU C211 OA Global Economics Exam Latest (2024 / 2025) (Verified Answers) Suppose that the United States imposes a tariff on avocados imported from Mexico. What impact will this have on the price paid for avocados by United States citizens? - ANSWERS The price will increase. Which of the following is a consequence of a country imposing a tariff on imported goods? - ANSWERS The demand for foreign produced goods decreases. Suppose that the United States imposes a tariff on salt. What ...

WGU C211 focus questions from Global Economics for Managers Test Bank| Verified & Updated Globalization can be viewed as: - ️️ 1. a new force sweeping through the world in recent times. 2. a long-run historical evolution since the dawn of human history. 3. a pendulum that swings from one extreme to another from time to time. Which are the three views of globalization? - ️️ A recent force, a long-running evolution, and a pendulum An import quota is: - ️️ restriction on the qua...

ECS2601 Assignment 4 (QUIZ) Semester 1 % TRUSTED workings, explanations and solutions. Whatsapp 067 171 1739 for assistance. ............................................................... In the short run, a perfectly competitive firm earning positive profit is … a. at the minimum of its ATC. b. on the upward sloping portion of its ATC. c. on the downward sloping portion of its ATC. d. above its ATC. If current output is less than the profit-maximising output, then the next unit prod...

Suppose that the United States imposes a tariff on avocados imported from Mexico. What impact will this have on the price paid for avocados by United States citizens? - correct answer The price will increase. Which of the following is a consequence of a country imposing a tariff on imported goods? - correct answer The demand for foreign produced goods decreases. Suppose that the United States imposes a tariff on salt. What impact might this tariff have on the price for domestic cons...