A limit on how much a firm can export to a foreign country is called a(n)
A) import tax.
B) tariff.
C) quota.
D) dumped supply.
C
You might also like to view...
If makers of snake anti-venom implement significant price increases, it is unlikely to significantly affect the use of anti-venom for treating poisonous snakebites. The demand for anti-venom is: a. elastic
b. inelastic. c. unit elastic. d. unit inelastic.
The intermediate zone in the middle of the short-run aggregate supply curve is upward sloping, so a rise in aggregate demand will cause higher output and price level, while a fall in aggregate demand will lead to ______ output and price level.
a. higher b. lower c. no change in d. surpluses in
The term price searcher applies to all firms that
a. face a downward-sloping demand curve. b. face an upward-sloping demand curve. c. operate in a purely competitive environment. d. purchase resources in a noncompetitive market.
Which of the following is taxed under the current corporate income tax structure?
a. dividends b. interest payments c. fringe benefits d. worker salaries