Solved

To Calculate a Tariff Equivalent for a Quota One Must

Question 32

Multiple Choice

To calculate a tariff equivalent for a quota one must:


A) take the difference between the world market price and the quota constrained domestic price and divide by the world market price.
B) take the difference between the world market price and the quota constrained domestic price and divide by the quota-constrained price.
C) take the difference between the tariff and domestic market cost divided by the domestic market costs.
D) take the sum of all quotas and divide by the number of units imported.
E) None of the above

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents