Economics MCQs

A. Sporadic dumping
B. Predatory dumping
C. Persistent dumping
D. Foreign dumping

A. Export quotas imposed by the japanese government
B. Export tariffs imposed by the japanese’s government
C. Import quotas imposed by the u.s government
D. Domestic subsidies granted by the u.s government

A. Result in government purchase policies favoring domestic over foreign producers
B. Result in government purchase policies favoring foreign over domestic producers
C. Attempt to restrict the number of tourists leaving a nation
D. Are intended to publicize the advantage of the most efficient domestic companies

A. Orderly marketing
B. Trigger pricing
C. Domestic content pricing
D. Dumping

A. Embargoes
B. Voluntary export restraints
C. Nontariff barriers
D. Orderly marketing agreements

A. Who has the quota license
B. The size of the quota
C. Elasticities of domestic demand and supply
D. All of the above

A. Quota licenses are given to foreign exporting companies
B. Quota licenses are auctioned to the highest bidding importing company
C. If quota licenses are given to domestic consumers of the good
D. Both a and c

A. Export quota
B. Embargo
C. Auction quota
D. Tariff quota

A. Foreign corporations
B. Foreign workers
C. Domestic corporations
D. The domestic government

A. Domestic producers of the imported good being harmed
B. Domestic consumers of the imported good being harmed
C. Prices increasing in the importing country
D. Prices falling in the exporting country