non tariff trade barriers MCQs – Page 3

Practise focused non tariff trade barriers questions with marked answers for exam preparation and subject revision.

non tariff trade barriers Mcqs
41. What type of trade barrier was used to protect U.S auto firms from foreign competition during 1981 1984 ?
comments icon0
A. export quotas imposed by the Japanese government

B. export tariffs imposed by the Japaneses government

C. domestic subsidies granted by the U.S government

D. import quotas imposed by the U.S government

42. Quotas are government-imposed limits on the _________ of goods trade between countries?
comments icon0
A. quantity

B. costs

C. prices

D. revenue

43. A _______ allows a specified number of goods to be imported each year, and it not specifies from where the product is shipped and who is permitted to import ?
comments icon0

A. global quota

B. export quota

C. import quota

D. selective quota
44. During periods of growing domestic demand, an import quota ?
comments icon0

A. is less restrictive on a countrys imports than a tariff

B. Is more restrictive on a countrys imports than a tariff

C. has the same restrictive effect on a countrys imports as a tariff

D. will always generate increased tax revenue for the government

45. The firm would maximize profit by selling computers in the United States at a price of __________ and _________ computers in Japan at a price of __________?
comments icon0

A. 300, $1,800, 400 $800

B. 300, $1,800, 800 $800

C. 200, $2,000, 100 $1,000

D. 500, $1,400, 400 $800
46. A tariff-rate quota is essentially a ?
comments icon0

A. two tier quota applied to a countys exports

B. three tier quota applied to a countrys exports

C. two tier tariff applied to a countrys imports

D. three-tier tariff applied to a countrys imports

47. Throughout the world, governments tend to auction quota licenses to their highest bidder ?
comments icon0

A. often

B. seldom

C. always

D. never