Tariffs are:
A. taxes on exports.
B. subsidies for imports.
C. taxes on imports.
D. subsidies for exports.
C. taxes on imports.
You might also like to view...
The expectations effect is the
A) increase in the interest rate brought on by an expected increase in Real GDP. B) increase in the interest rate due to a higher expected inflation rate. C) decrease in the interest rate due to an expected increase in the supply of loanable funds. D) idea that people form their expectations of inflation by considering all available information about past, present, and future inflation. E) idea that people form their expectations of inflation by considering only information about past inflation experience.
Explain the forces that can cause an exchange rate to change.
What will be an ideal response?
Which of the following will tend to make oil extraction more economical?
A) rising oil prices B) additional oil exploration C) conservation measures D) development of oil substitutes
Fast Prints has a contract with local couriers to deliver their products to customers located throughout the city and it cost Fast Prints $5,000 in legal fees to establish the contracts. Fast Prints charges $25 for each set of 500 copies delivered in the city. What are Fast Prints' transaction costs?
A) $5,025 B) $4,975 C) $25 D) $5,000