The most common form of price discrimination in international trade is
A) dumping.
B) non-tariff barriers.
C) Voluntary Export Restraints.
D) preferential trade arrangements.
E) product boycotts.
A
You might also like to view...
Total revenue decreases as the price of a good increases, if the demand for the good is
A. unitary elastic. B. elastic. C. inelastic. D. perfectly elastic.
All else held constant, the international value of foreign currencies will increase against the U.S. dollar if ________.
A. U.S. citizens reduce spending on imports B. there are withdrawals of funds by foreigners from U.S. money markets C. there is an increase in the number of foreign tourists in the United States D. the U.S. Federal Reserve raises real interest rates
What are resale price maintenance, tying arrangements, and predatory pricing?
What will be an ideal response?
Mr. Smith is consuming beer and wine. At his current level of consumption, the marginal utility per dollar is 30 units for beer and 20 units for wine. Mr. Smith should
A) consume twice as much beer as wine. B) consume twice as much wine as beer. C) increase his consumption of beer relative to wine. D) increase his consumption of wine relative to beer.