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[CFA模拟真题] 2006 CFA Level I -NO78

18A transfer of revenues from consumers to government occurs when that government establishes:


Select exactly 1 answers from the following:
A. a tariff but not a quota.
B. a quota but not a tariff.
C. either tariffs or quotas.
D. neither tariffs nor quotas.
答案和详解如下!
Feedback: Correct answer: A

Economics: Private and Public Choice, 10th edition, James D. Gwartney, Richard L. Stroup, Russell S. Sobel, and David A. Macpherson (South-Western, 2003), pp. 407?10

2006 Modular Level I, Vol. II, pp. 340-344

Study Session 6-26-c

distinguish between commonly used trade-restricting devices, including tariffs, quotas, voluntary export restraints, and exchange-rate controls, and explain their impact on the domestic economy

 

A tariff is a tax levied on goods imported in a country; the primary motivation for the imposition of a tariff is to restrict foreign goods and thus protect domestic producers.

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光之天使张开金色的翅膀,神圣之剑在吟唱!

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