This preview shows pages 1–2. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: a. A. b. B. c. C d. D 3. Import quotas and tariffs have each of the following in common EXCEPT a. total surplus falls. b. deadweight losses occur. c. producer surplus increases. d. revenue to government is raised. Quiz4 Answer Section MULTIPLE CHOICE 1. ANS: A DIF: 3 REF: SECTION: 1 OBJ: TYPE: M 2. ANS: D DIF: 2 REF: SECTION: 2 OBJ: TYPE: M 3. ANS: D DIF: 2 REF: SECTION: 2 OBJ: TYPE: M...
View Full Document
This note was uploaded on 04/18/2008 for the course ECO 201 taught by Professor Saravia during the Spring '08 term at American University of Sharjah.
- Spring '08