What is the effect of an export tariff in a large country on
The importing country?
A) The importing country loses, since it pays a higher price for the product.
B) The importing country gains, since it pays a lower price for the product.
C) The importing country neither gains nor loses, since the world price does not change.
D) The importing country will gain from the terms of trade effect.
Correct Answer:
Verified
Q81: An export tariff is:
A) a tax applied
Q81: Compare the effects on the importing country
Q82: Compare the effects on world prices for
Q84: How will an export quota imposed by
Q87: How will an export quota imposed by
Q88: In a small country, an export tariff
Q89: The main purpose of an export tariff
Q90: Because consumer decisions have not been affected,
Q91: How might an export tariff in a
Q110: An export quota is:
A) a tax imposed
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