Revenue from a(n) __________ goes to the U.S. government while revenue from a(n) __________ goes to whomever secures the right to sell foreign goods in the U.S. market
a. export subsidy, quota
b. tariff, quota
c. domestic content requirement, low-interest loan
d. tariff, export subsidy
e. quota, tariff
B
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Tariffs reallocate income from
A) consumers to producers. B) producers to consumers. C) government to producers. D) consumers to foreigners. E) Both A and D.
Which of the following is a TRUE statement about stock markets?
A) Economists can make above-average profits in the stock market because of their specialized knowledge of economics. B) It is always better to buy growth stocks than the older and more stable blue-chip stocks. C) The stock market on average over time is random and totally unrelated to the performance of the economy. D) It is illegal for a friend of a corporate executive to make large profits in the stock market by using his inside information.
"Currency" is a more encompassing term than "money" to denote acceptable mediums of exchange
Indicate whether the statement is true or false
Over the long haul, rapid increases in the supply of money lead to
What will be an ideal response?