Questions from Macroeconomics


Q: Explain who gains and who loses from an import quota and why

Explain who gains and who loses from an import quota and why the losses exceed the gains.

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Q: What are the infant industry and dumping arguments for protection? Are

What are the infant industry and dumping arguments for protection? Are they correct?

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Q: Can protection save jobs and the environment and prevent workers in developing

Can protection save jobs and the environment and prevent workers in developing countries from being exploited?

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Q: What are the main reasons for imposing a tariff?

What are the main reasons for imposing a tariff?

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Q: Why don’t the winners from free trade win the political argument?

Why don’t the winners from free trade win the political argument?

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Q: Wholesalers buy and sell roses in containers that hold 120 stems.

Wholesalers buy and sell roses in containers that hold 120 stems. The table provides data about the wholesale market for roses in North America. The demand schedule is the wholesalersâ€...

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Q: Wholesalers buy and sell roses in containers that hold 120 stems.

Wholesalers buy and sell roses in containers that hold 120 stems. The table provides data about the wholesale market for roses in North America. The demand schedule is the wholesalersâ€...

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Q: William Watson, an economics professor at McGill University, Montreal,

William Watson, an economics professor at McGill University, Montreal, says there’s nothing magical, mystical, or personal about job creation. It occurs when someone who wants to sell a product or ser...

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Q: Wholesalers buy and sell roses in containers that hold 120 stems.

Wholesalers buy and sell roses in containers that hold 120 stems. The table provides data about the wholesale market for roses in North America. The demand schedule is the wholesalersâ€...

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Q: Use the information on the North American wholesale market for roses in

Use the information on the North American wholesale market for roses in Problem 1 to: a. Explain who gains and who loses from free international trade in roses compared to a situation in which North A...

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