第七章单元测试
- Because export subsidies tend to result in domestic exporters charging lower prices on their goods sold overseas, the home country's: ( )
- Compared to an import quota, an equivalent tariff may provide a less certain amount of protection for home producers since: ( )
- If a tariff and an import quota lead to equivalent increases in the domestic price of steel, then: ( )
- Import quotas tend to lead to all of the following except: ( )
- To maintain that South Koreans are dumping their VCRs in the United States is to maintain that: ( )
- An import quota is a physical restriction on the quantity of goods that may be imported during a specified time period. ( )
- To the extent that subsidies granted to exporting firms reduce the foreign price of their goods, the subsidizing country's terms of trade improved. ( )
- International dumping occurs when foreign buyers are charged higher prices than domestic buyers for an identical product, after allowing for transportation costs and tariff duties. ( )
- Predatory dumping would occur if Toyota Inc. of Japan sells autos to U.S. consumers at lower prices than to Japanese consumers in order to put Chrysler Inc. out of business. ( )
A:Export revenues will decrease
B:Terms of trade will improve
C:Terms of trade will worsen
D:Export revenues will rise
答案:Terms of trade will worsen
A:Tariffs are effective only if home demand is perfectly elastic
B:Foreign firms may absorb the tariff by offering exports at lower prices
C:A tariff has no deadweight loss in terms of production and consumption
D:Quotas do not result in increases in the price of the imported good
A:The tariff results in efficiency reductions but the quota does not
B:The quota results in efficiency reductions but the tariff does not
C:They have identical impacts on how much is produced and consumed
D:They have identical impacts on how income is distributed
A:Domestic consumers of the imported good being harmed
B:Prices increasing in the importing country
C:Domestic producers of the imported good being harmed
D:Prices falling in the exporting country
A:Koreans are selling VCRs in the United States below their production cost
B:The cost of manufacturing VCRs in Korea is higher in Korea than in the United States since wages are higher in Korea
C:Koreans are selling VCRs in the United States above their production cost
D:The cost of manufacturing VCRs in Korea is lower in Korea than in the United States since wages are lower in Korea
A:对 B:错
A:对 B:错
A:错 B:对
A:错 B:对
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