• 2022-06-04
    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.
  • D

    内容

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      An import tariff will cause the terms of trade of the ________ country to ________ and will ________ the country.? importing; improve; harm|importing; improve; benefit|exporting; improve; harm|exporting; improve; benefit

    • 1

      If the U.S. (a large country) imposes a tariff on its imported good, this will tend to

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      The terms of trade effect of a tariff refers to the fact that a small country can benefit by levying a tariff.

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      Given free trade, small nations tend to benefitfrom trade compared with large nations because . A: A.Less; Small nations enjoy terms of trade lying near the opportunity costs of themselves B: B.Less; Small nations enjoy terms of trade lying near the opportunity costs of their large trading partners C: More; Small nations enjoy terms of trade lying near the opportunity costs of themselves D: D.More; Small nations enjoy terms of trade lying near the opportunity costs of their large trading partners

    • 4

      A rise in the price of imports or a fall in the price of exports will A: improve the terms of trade B: worsen the terms of trade C: Expand the production possibilities curve D: Contract the production possibilities curve