If the U.S. (a large country) imposes a tariff on its imported good, this will tend to ____________.
A: cause a deterioration of U.S. terms of trade.
B: have no effect on terms of trade.
C: improve the terms of trade of all countries.
D: improve the terms of trade of the United States.
A: cause a deterioration of U.S. terms of trade.
B: have no effect on terms of trade.
C: improve the terms of trade of all countries.
D: improve the terms of trade of the United States.
举一反三
- If the U.S.(a large country) imposes a tariff on its imported good, this will tend to() A: have no effect on terms of trade. B: improve the terms of trade of all countries. C: improve the terms of trade of the S. D: cause a deterioration of S. terms of trade.
- If the U.S. (a large country) imposes a tariff on its imported good, this will tend to() A: have no effect on terms of trade. B: improve the terms of trade of all countries. C: improve the terms of trade of the United States. D: cause a deterioration of S. terms of trade. E: raise the world price of the good imported by the United States.
- Should Canada impose a tariff on imports, one would expect Canada's:（ ） A: Terms of trade to improve and volume of trade to decrease B: Terms of trade to worsen and volume of trade to decrease C: Terms of trade to improve and volume of trade to increase D: Terms of trade to worsen and volume of trade to increase
- If Slovenia were a large country in world trade, then if it instituted a large set of subsidies for its exports, this must A: have no effect on its terms of trade. B: harm world terms of trade. C: harm its terms of trade. D: decrease its marginal propensity to consume.
- Assume that the United States and Canada engage in trade. If the international terms of trade coincides with the Canadian cost ratio, the United States realizes all of the gains from trade with Canada.