Q17 A primary reason for a country to adopt restrictions on international trade is that restrictions will most likely: A. improve short-run economic efficiency. B. Benefit consumers at the expense of producers, C. Impose high casts on a concentrated group of people. D. Provide concentrated benefits to a small getup of people.
答案和详解如下：
Q17 D Modular Level I, Vol-2, pp-475A84 , Study \ Session 6-29-c Trade restrictions tend to increase allocative inefficiency. Example 1: Quotas reduce the supply and increases the price. Example 2: Suppose a country bans import of cheaper foreign goads. This leads to an increase in domestic prices. The end result is economies produce less in areas where they have a comparative advantage and the government in effect subsidizes a relatively small group (domestic producers).
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发表于 2007-11-5 18:39
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