Which of the following is not an example of a non-tariff barrier? Flag this Ques

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Which of the following is not an example of a non-tariff barrier?

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Question 20.1 pts<p>Suppose one country induces another to reduce exports of a particular commodity under threat of greater consequences. This would be known as:</p>

Suppose one country induces another to reduce exports of a particular commodity under threat of greater consequences. This would be known as:

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Question 30.1 pts<p>In which form of dumping is a commodity sold at a lower price abroad in order to drive foreign producers out of business, after which prices are raised to take advantage of the newly acquired monopoly power abroad?</p>

In which form of dumping is a commodity sold at a lower price abroad in order to drive foreign producers out of business, after which prices are raised to take advantage of the newly acquired monopoly power abroad?

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Question 40.1 pts<p>A(n) ______________ makes the price of imports equal to domestic prices, thus allowing domestic producers to be competitive with foreign producers without becoming more efficient.</p>

A(n) ______________ makes the price of imports equal to domestic prices, thus allowing domestic producers to be competitive with foreign producers without becoming more efficient.

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Question 50.1 pts<p>Strategic trade policy is concerned with protecting, and assisting in creating comparative advantage in</p>

Strategic trade policy is concerned with protecting, and assisting in creating comparative advantage in

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Question 60.1 pts<p>_________________ raised average import duties in the U.S. to the all-time high of 59%?</p>

_________________ raised average import duties in the U.S. to the all-time high of 59%?

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Question 70.1 pts<p>Under which act was the President first given authority to negotiate bilateral tariff reductions?</p>

Under which act was the President first given authority to negotiate bilateral tariff reductions?

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Question 80.1 pts<p>A specified quantitative limit on a good that will be allowed to enter the country over a given period of time is referred to as:</p>

A specified quantitative limit on a good that will be allowed to enter the country over a given period of time is referred to as:

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Question 90.1 pts<p>The World Trade Organization was established by the _______________ of multilateral trade negotiations.</p>

The World Trade Organization was established by the _______________ of multilateral trade negotiations.

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Question 100.1 pts<p>________________ replaced the product-by-product approach of the Trade agreements Act with across-the-board reduction power.</p>

________________ replaced the product-by-product approach of the Trade agreements Act with across-the-board reduction power.

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Question 110.1 pts<p>Under the original provisions of the Trade Agreements Act, the president of the United States was authorized to negotiate tariff reductions up to:</p>

Under the original provisions of the Trade Agreements Act, the president of the United States was authorized to negotiate tariff reductions up to:

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Question 120.1 pts<p>Over the last four decades:</p>

Over the last four decades:

Explanation / Answer

A tax composed of a fixed percentage and a fixed sum per unit of the commodity being traded Voluntary export restrictions Predatory dumping Specific tariff national growth-affecting industries The Smoot-Hawley Tariff Act of 1930 The Trade Agreements Act of 1934 an import quota Uruguay Round The Trade Expansion Act of 1962 and the Kennedy Round 100 percent NTB

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