1、 C3. The excess supply curve of a product we (H) import from foreign countries (F) increases as(a) excess demand of country H increases.(b) excess demand of country F increases.(c) excess supply of country H increases.(d) excess supply of country F increases. D4. If a good is imported into (large) c
2、ountry H from country F, then the imposition of a tariffin country H(a) raises the price of the good in both countries (the “Law of One Price”).(b) raises the price in country H and cannot affect its price in country F.(c) lowers the price of the good in both countries.(d) lowers the price of the go
3、od in H and could raise it in F.(e) raises the price of the good in H and lowers it in F. E5. If a good is imported into (small) country H from country F, then the imposition of a tariff In country H(b) raises the price in country H and does not affect its price in country F.6. If a good is imported
4、 into (large) country H from country F, then the imposition of a tariff in country H in the presence of the Metzler Paradox,7. The effective rate of protection measures(a) the “true” ad valorum value of a tariff.(b) the quota equivalent value of a tariff.(c) the efficiency with which the tariff is c
5、ollected at the customhouse.(d) the protection given by the tariff to domestic value added.8. If the tariff on computers is not changed, but domestic computer producers shift from domestically produced semiconductors to imported components, then the effective rate of protection in the computer indus
6、try will(a) increase.(b) decrease(c) remain the same.(d) depend on whether computers are PCs or “Supercomputers.” A9. If the tariff on computers is not changed, but the government then adds hitherto nonexistent tariffs on imported semi-conductor components, then the effective rate of protection in t
7、he computer industry will10. If a small country imposes a tariff, then(a) the producers must suffer a loss.(b) the consumers must suffer a loss.(c) the government revenue must suffer a loss.(d) the demand curve must shift to the left.11. If a large country imposes a tariff, then12. The imposition of
8、 tariffs on imports results in deadweight (triangle) losses. These are(a) production and consumption distortion effects.(b) redistribution effects.(c) revenue effects(d) efficiency effects.13. Suppose the United States eliminates its tariff on ball bearings used in producing exports. Ball bearing pr
9、ices in the United States would be expected to(a) increase, and the foreign demand for U.S. exports would increase.(b) decrease, and the foreign demand for U.S. exports would increase.(c) increase, and the foreign demand for U.S. exports would decrease.(d) decrease, and the foreign demand for U.S. e
10、xports would decrease.14. A specific tariff provides home producers more protection when(a) the home market buys cheaper products rather than expensive products.(b) it is applied to a commodity with many grade variations.(c) the home demand for a good is elastic with respect to price changes.(d) it
11、is levied on manufactured goods rather than primary products.15. A lower tariff on imported steel would most likely benefit(a) foreign producers at the expense of domestic consumers.(b) domestic manufacturers of steel.(c) domestic consumers of steel.(d) workers in the steel industry.16. When a gover
12、nment allows raw materials and other intermediate products to enter a country duty free, this generally results in a(an)(a) effective tariff rate less than the nominal tariff rate.(b) nominal tariff rate less than the effective tariff rate.(c) rise in both nominal and effective tariff rates.(d) fall
13、 in both nominal and effective tariff rates.17. Of the many arguments in favor of tariffs, the one that has enjoyed significant economic justification has been the(a) cheap foreign labor argument.(b) infant industry argument.(c) even playing field argument.(d) balance of payments argument(e) domesti
14、c living standard argument.18. The main redistribution effect of a tariff is the transfer of income from(a) domestic producers to domestic buyers.(b) domestic buyers to domestic producers.(c) domestic producers to domestic government.(d) domestic government to domestic consumers.19. The principle be
15、nefit of tariff protection goes to(a) domestic consumers of the good produced.(b) foreign consumers of the good produced.(c) domestic producers of the good produced.(d) foreign producers of the good produced.20. As globalization tends to increase the proportion of imported inputs relative to domesti
16、cally supplied components,(a) the nominal tariff automatically increases.(b) the rate of (effective) protection automatically decreases.(c) the nominal tariff automatically decreases.(d) the rate of (effective) protection automatically increases.21. Which of the following policies permits a specifie
17、d quantity of goods to be imported at one tariff rate and a higher tariff rate to imports above this quantity?(a) Import tariff(b) Voluntary exports restraint(c) Tariff quota(d) Ad valorum tariff22. Should the home country be “large” relative to its trade partners, its imposition of a tariff on impo
18、rts would lead to an increase in domestic welfare if the terms of the trade rectangle exceed the sum of the(a) revenue effect plus redistribution effect.(b) protective effect plus revenue effect.(c) consumption effect plus redistribution effect.(d) protective distortion effect plus consumption disto
19、rtion effect.23. A problem encountered when implementing an “infant industry” tariff is that(a) domestic consumers will purchase the foreign good regardless of the tariff.(b) the industry may never “mature.”(c) most industries require tariff protection when they are mature.(d) the tariff may hurt th
20、e industrys domestic sales.24. Which of the following is a fixed percentage of the value of an imported product?(a) Specific tariff(b) Ad valorem tariff(c) Nominal tariff(d) Effective protection tariff25. A tax of 20 cents per unit of imported garlic is an example of a(n)(a) specific tariff.(b) ad v
21、alorem tariff.(c) nominal tariff.(d) effective protection tariff.26. A tax of 20 percent per unit of imported garlic is an example of a(n)27. Which type of tariff is forbidden in the United States on Constitutional grounds?(b) Export tariff(c) Specific tariff(d) Prohibitive tariff28. The deadweight
22、loss of a tariff(a) is a social loss because it promotes inefficient use of national resources.(b) is a social loss because it reduces the revenue of the government.(c) is not a social loss because it merely redistributes revenue from one sector to another.(d) is not a social loss bacuase it is paid
23、 for by rich corporations.29. Tariffs are not defended on the ground that they(a) improve the terms of trade of foreign nations.(b) protect jobs and reduce unemployment.(c) promote growth and development of young industries.(d) prevent over-dependence of a country on only a few industries.30. The most vocal political pressure for tariffs is generally made by(a) consumers lobbying for export tariffs.(b) consumers lobbying for import tariffs.(c) consumers lobbying for lower import tariffs.(d) producers lobbying for export tariffs.(e) producers lobbying for import tariffs.31. A policy of tar
copyright@ 2008-2022 冰豆网网站版权所有
经营许可证编号:鄂ICP备2022015515号-1