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3 years ago

A tariff or quota will _ prices and _ the consumption of the protected goods in the importing country.

2 answers:

7 0

A tariff or quote will increase the price and decrease the consumption of the protected goods in the importing country.

Further Explanation:

Tariff:

The tariff refers to the tax imposed by a country on another country for the imported goods. The tariffs are used to raise government revenue and restrict the import of the goods and promotion of domestic products. The tariff increases the price of the imported product and makes it costlier as compared to other domestic products.

The tariff is imposed on imported products. Therefore, it will increase the price of the product.

The increase in the price of the product will result in a decrease in the demand for the product because there may be other products that provide the same benefits in the lower price range. Therefore, the consumption of protected goods will decrease.

A tariff or quote will increase the price and decrease the consumption of the protected goods in the importing country.

Learn More:

1. Learn more about the revenue from the property taxes

brainly.com/question/2689578

2. Learn more about the calculation of the property taxes

brainly.com/question/1535083

3. Learn more about the tax on the sale of the property

brainly.com/question/2617534

Answer Details:

Grade: High School

Subject: Economics

Chapter: Taxation (Direct & Indirect)

Keywords: tariff, or quota, prices, consumption, protected, goods, importing country.

Vadim26 [7]3 years ago

3 0

Raise;decrease is the answer to this question

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Presented below is information related to Dino Radja Company.

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Answer:

Dino Radja Company

The ending inventory for Dino Radja Company for 2017 through 2022 using the dollar-value LIFO method:

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December 31, 2017 $ 80,000 100 $80,000 ($80,000*1.00)

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Explanation:

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Which of the following is the riskiest choice for your money? A. Savings account B. Government bonds C.CDs D REI

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3 years ago

Bank A quotes a bid rate of $.300 and an ask rate of $.305 for the Malaysian ringgit (MYR). Bank B quotes a bid rate of $.306 an

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Answer:

B. $1,639

Explanation:

To do arbitraje we will ask at Bank A for $0.305

and then bid in Bank B at $0.306

As the transactions has no cost we are doing a profit by using the exchange as they allowed. Doing this procedure will at some point eliminate the difference in exchange rate for these bank as the purchase will rise the ask rate for Bank A and the sale will decrease the bid rate.

$500,000 \times \frac{0.306}{0.305}$

Total: 501639,3442622951

The profit will be for: 501,639.34 - 500,000 = 1,639.34

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3 years ago

A tariff or quota will _____ prices and _____ the consumption of the protected goods in the importing country.

A tariff or quota will _ prices and _ the consumption of the protected goods in the importing country.