If France limits the showing of U.S. produced television shows to 2 hours per day
A) this is the same as a quota.
B) this is the same as a tariff.
C) this make U.S. producers of television wealthier that they would otherwise be.
D) economists would not call this a limit on trade since it is a service.
Correct Answer:
Verified
Q40: If with one unit of labor the
Q41: A tariff will typically
A)increase the price, net
Q42: If England limits the playing of U.S.
Q43: A quota will typically
A)increase the price received
Q44: If the opportunity cost of producing a
Q46: A country that is limiting imports of
Q47: A tariff will typically
A)increase the price paid
Q48: If the opportunity cost of producing a
Q49: Limiting trade can be accomplished with
A)tariffs.
B)quotas.
C)non-tariff regulatory
Q50: If the opportunity cost of producing a
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