subject
Business, 26.07.2019 02:30 scarbroughmary0

Suppose that: (1) the united states has a comparative advantage in producing chemicals; (2) costa rica has a comparative advantage in producing sugar; and (3) the united states imposes a quota on its imports of costa rican sugar. now suppose that the united states eliminates its import quotas on costa rican sugar. which of the following is most likely to occur for the united states?
a. consumer surplus for american consumers of sugarproducts will fall.
b. producer surplus for american sugar producers willrise.
c. consumer surplus for american consumers of sugarproducts will rise.
d. tariff revenues for the u. s. government will rise.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 20:30
Goods and services that can be used for the same purpose are and goods and services that are used together are
Answers: 1
question
Business, 21.06.2019 20:40
Which of the following actions is most likely to result in a decrease in the money supply? a. the discount rate on overnight loans is lowered. b. the government sells a new batch of treasury bonds. c. the federal reserve bank buys treasury bonds. d. the required reserve ratio for banks is decreased. 2b2t
Answers: 2
question
Business, 22.06.2019 05:00
Personal financial planning is the process of creating and achieving financial goals? true or false
Answers: 1
question
Business, 22.06.2019 23:50
The sarbanes-oxley act was passed to question 6 options: prevent fraud at public companies. replace all of the old accounting procedures with new ones. improve the accuracy of the company's financial reporting. both a and c
Answers: 3
You know the right answer?
Suppose that: (1) the united states has a comparative advantage in producing chemicals; (2) costa...
Questions
question
Physics, 09.10.2019 06:50
question
English, 09.10.2019 06:50
Questions on the website: 13722363