IDs and Paired-Concept Questions
These terms can be used individually as short-answer identification questions, or they can be used in pairs. In the latter case, ask students to explain (1) the meaning and significance of each of the two terms and (2) the relationship between them.
-Rent seeking,import licensing
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Rent seeking is an economi...
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Q5: The effective rate of protection measures how
Q6: What was GATT?
A) an international organization that
Q7: IDs and Paired-Concept Questions
These terms can be
Q8: Suppose Kenya imports film at a border
Q9: When the government auctions import licenses,it captures
Q11: The essence of outward-looking development is that
Q12: Effective rates of protection in developing countries
Q13: What credit-market policy did the Korean government
Q14: Malawi's currency,the kwacha,is overvalued when the kwacha
Q15: Economists generally prefer the use of subsidies
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