ch. 9 Flashcards
(10 cards)
1
Q
What are the effects of import tariffs?
A
2
Q
rapresent the domestic/foreigh graph with export and import
A
3
Q
represent the effect of a tariff
A
4
Q
Why does the price usually increase less that t?
A
5
Q
What is the effect on consumers surplus? what on producers?
A
6
Q
What are different gains/ losses of tariffs?
A
7
Q
What do the losses represent?
A
8
Q
What it the effect for small countries?
A
9
Q
What are import quotas? Does the effect differ from tariffs?
A
10
Q
what are other popular trade policies?
A
