A tax that is imposed on each unit of an imported good is known as a(n)
A) quota
B) ad valorem quota
C) implicit quota
D) tariff
E) subsidy
Correct Answer:
Verified
Q76: If countries have different resource endowments,trade is
Q77: When a nation begins to export a
Q78: A nation's comparative advantage
A)can almost always be
Q79: When a nation begins to import a
Q80: Once a nation has been producing a
Q82: Tariffs are government policies designed to encourage
Q83: A tariff is
A)a law restricting the quantity
Q84: If free international trade is compromised by
Q85: An effective import quota will
A)increase the revenue
Q86: A tariff
A)is usually set by domestic producers
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