Which of the following statements is incorrect with respect to the rate of effective protection?
A) for given values of ai and ti,g is larger the greater is t
B) for a given value of t and ti,g is larger the greater is aᵢ
C) g exceeds,is equal to or is smaller than t,as tᵢ is smaller than,is equal to or is larger than t
D) when aᵢtᵢ exceeds t,the rate of effective protection is positive
Correct Answer:
Verified
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Q6: With aᵢ=50%,tᵢ=0,and t=20%,g is:
A) 40%
B) 20%
C) 80%
D)
Q7: The imposition of an import tariff by
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Q15: The imposition of an import tariff by
Q15: According to the Stolper-Samuelson theorem,the imposition of
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