A sudden shift from import tariffs to free trade may induce short-term unemployment in:

Related MCQs

• A sudden shift from import tariffs to free trade may induce short-term unemployment in:
• Tariffs and quotas on imports tend to involve larger sacrifices in national welfare than would occur under domestic subsidies. This is because, unlike domestic subsidies, import tariffs and quotas:
• The movement to free international trade is most likely to generate short-term unemployment in which industries:
• The movement to free international trade is most likely to generate short-term unemployment in which industries?
• In a free trade world in which no restrictions exist, international trade will lead to:
• If a nations terms of trade is ½ its trade partners terms of trade is
• Compared to an import quota, an equivalent tariff may provide a less certain amount of protection for home producers since:
• Tariffs are
• When tariffs are imposed
• What are the major drawbacks of tariffs