The opportunity to exploit economies of scale is one of the gains to be derived by removing tariffs and other trade distortions.These gains will be the result of a decrease in
A) international labor mobility.
B) world prices of imports.
C) the production distortion loss triangle.
D) excessive entry and inefficient business practices.
E) the consumption distortion loss triangle.
Correct Answer:
Verified
Q2: Judging by the ongoing changes in tariff
Q3: The average tariff rate dutiable imports in
Q4: When the U.S.placed tariffs on French wine,France
Q5: Today U.S.protectionism is concentrated in
A)labor- intensive industries.
B)high-
Q6: The General Agreement on Tariffs and Trade
Q8: The strongest political pressure for a trade
Q9: The difficulty of ascertaining the right second-
Q10: The efficiency case made for free trade
Q11: The political wisdom of choosing a tariff
Q12: The prohibitive tariff is a tariff that
A)is
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