If there are no tariffs on final goods butthere is tariff on important inputs, effectiverate of protection will be :(a) Infinite(b) Zero(c) Positive(d) Negative

Effective rate of protection is the total amount of protection domestic suppliers get when tariff is…

Answered: If there are no tariffs on final goods…

If there are no tariffs on final goods but there is tariff on important inpuls, effective rate of protection will be : (a) Infinite (b) Zero (c) Positive (d) Negative

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter34: Globalization And Protectionism

Section: Chapter Questions

Problem 12SCQ: What are the conditions under which a country may use the unsafe products argument to block imports?

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Question

If there are no tariffs on final goods but
there is tariff on important inputs, effective
rate of protection will be :
(a) Infinite
(b) Zero
(c) Positive
(d) Negative

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