Which of the following is not a reason for placing trade
1.Which of the following is not a reason for placing trade protectionist policies on a country that we discussed in class material?
human rights violations
poltical disagreements
to counter predatory dumping
infant industry argument
2."If the demand for pounds in the US increases, what should equivalently happen in the currency market in London?"
the demand for dollars increases
the supply of pounds increases
the supply for dollars increases
the supply for dollars decreases
3.What does VMPL represent?
the dollar value of the productivity of labor
the demand for labor
the dollar value of GDP
All of the above
4."According to the graphical representation of the labor market, what should the migration of people away from a country do to the average wage in that country?"
increase it
decrease it
stay the same
undecided
5.A tax placed on imported goods that is imposed as a percentage of the value of the product being taxed is called
an effective tariff
ad valorem tariff
specific tariff
value added tariff
Answers
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Posted 12 Jul 2017 12:07 AM
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