CHAPTER_5_NONTARIFF_TRADE_BARRIERS

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1、1. Theimpositionofatariffonimportedsteelforthehomecountryresultsin: a. Improvingtermsoftradeandrisingvolumeoftrade b. Highersteelpricesandfallingsteelconsumption c. Lowerprofitsfordomesticsteelcompanies d. HigherunemploymentfordomesticsteelworkersANSWER:  bPOINTS:  

2、1DIFFICULTY:  EasyNATIONAL STANDARDS:  UnitedStates-BPROG:ReflectiveThinking-BPROG:AnalysisSTATE STANDARDS:  UnitedStates-PA-DESC:InternationalTradeandFi-DESC:InternationalTradeandFinanceTOPICS:  AbsoluteImportQuotaKEYWORDS:  BLOOM'S:Comprehension2. Whichofthefollow

3、ingreferstoamarket-sharingpactnegotiatedbytradingpartnerstomoderatetheintensityofinternationalcompetition? a. Orderlymarketingagreement b. Localcontentrequirements c. Importquota d. TriggerpricemechanismANSWER:  aPOINTS:  1DIFFICULTY:  EasyNATIONAL STANDARDS:  Unite

4、dStates-BPROG:ReflectiveThinking-BPROG:AnalysisSTATE STANDARDS:  UnitedStates-PA-DESC:InternationalTradeandFi-DESC:InternationalTradeandFinanceTOPICS:  ExportQuotasKEYWORDS:  BLOOM'S:Knowledge3. SupposetheUnitedStatesandJapanenterintoavoluntaryexportagreementinwhich

5、Japanimposesanexportquotaonitsautomakers.Thelargestshareoftheexportquota's"revenueeffect"wouldtendtobecapturedby: a. TheU.S.government b. Japaneseautomakers c. Americanautoconsumers d. AmericanautoworkersANSWER:  bPOINTS:  1DIFFICULTY:  EasyNATIONAL STANDARDS:  Unit

6、edStates-BPROG:ReflectiveThinking-BPROG:AnalysisSTATE STANDARDS:  UnitedStates-PA-DESC:InternationalTradeandFi-DESC:InternationalTradeandFinanceTOPICS:  ExportQuotasKEYWORDS:  BLOOM'S:Comprehension4. Supposethegovernmentgrantsasubsidytodomesticproducersofanimport-co

7、mpetinggood.Thesubsidytendstoresultindeadweightlossesforthedomesticeconomyintheformofthe: a. Consumptioneffect b. Redistributioneffect c. Revenueeffect d. ProtectiveeffectANSWER:  dPOINTS:  1DIFFICULTY:  ModerateNATIONAL STANDARDS:  UnitedStates-BPROG:ReflectiveThin

8、king-BPROG:AnalysisSTATE STANDARDS:  UnitedStates-PA-DESC:InternationalTradeandFi-DESC:InternationalTradeandFinanceTOPICS:  SubsidiesKEYWO