Chapter 9 - Application: International Trade
0.0(0)
Studied by 0 people0.0(0)
View linked note
Call Kai
Learn
Practice Test
Spaced Repetition
Match
Flashcards
Knowt PlayCard Sorting
1/3
Earn XP
Description and Tags
Study Analytics
Name | Mastery | Learn | Test | Matching | Spaced |
|---|
No study sessions yet.
4 Terms
1
New cards
tariff
The ________ has no impact on a nation when it becomes an exporter.
2
New cards
domestic quantity
The ________ supplied differs from the ________ demanded.
3
New cards
price of products both
The ________ imported and domestic- rises by the amount of the tariff and is, therefore, closer to the price that would prevail without trade.
4
New cards
tariff
A(n) ________ raises the domestic price of products above the world price.
Flashcards (40)