Under the effects of a tariff under partial equilibrium analysis, the revenue effect is the change in government receipts due to

Related MCQs

• The effects of quota under partial equilibrium include
• Under the redistribution effect of tariff, the loss of consumer’s surplus is neither transferable to the produces nor to the government and is called by Kindleberger as the
• The positive effect of a tariff is, when there is an increase in the welfare of a country due to
• Which of the following is not the effect of tariff?
• The increase in the domestic production of a commodity due to imposition of a tariff is
• Under the Liberalized Exchange Rate Management System (LERMS), the rupee got a partial convertibility in the ratio
• Under Liberalized Exchange Rate Management Scheme, how much is the receipts on current account could be converted freely into rupees at market determined exchange rate?
• The tariff that maximizes a country’s welfare is called the
• On the basis of origin and destination of goods, tariff may be classified into
• The tariff rates which are based on trade agreements or treaties with other countries is known as