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International Economics [EN]

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Under an export subsidy, the quantity of exported goods ___________.

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Tariff barriers:

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A fiscal tariff is designed to:

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If demand increases, which of the following is correct?

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The redistribution effect of an import quota is the transfer of income from the domestic:

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This technique permits a specified number of goods to be imported each year, and it also specifies from where the product is shipped or who is permitted to import.

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Import tariff lead to:

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Which of the following is used as non-tariff barrier?

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Specific tariffs are collected as:

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In New Zealand one worker can produce 40 walking sticks or 10 boomerangs each hour. What is the opportunity cost of producing one walking stick?

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