Under the new trade policy, import licensing was abolished except in case of

Related MCQs

• The imposition of an import tariff by a nation will increase the nation’s welfare:
• New Keynesian would agree with all of the following except
• The study of international trade and national income is part of
• Trade between countries
• Which of the following is an example of a trade barrier?
• The economist who said that international trade was based upon the concept of absolute advantage was:
• Protectionism in the international trade stands for:
• According to the Keynesian model, the optimal fiscal policy is to
• Which of the following are the most frequently utilized tools of fiscal policy in the United States?
• In the IS-LM model, an easy monetary in conjunction with a tight fiscal policy