Questions from Macroeconomics


Q: Suppose that in response to huge job losses in the Canadian textile

Suppose that in response to huge job losses in the Canadian textile industry, the Canadian government imposes a 100 percent tariff on imports of textiles from China. Explain how the tariff on textiles...

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Q: Suppose that in response to huge job losses in the Canadian textile

Suppose that in response to huge job losses in the Canadian textile industry, the Canadian government imposes a 100 percent tariff on imports of textiles from China. Explain how the Canadian and Chine...

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Q: With free trade between Australia and Canada, Australia would export beef

With free trade between Australia and Canada, Australia would export beef to Canada. But Canada imposes an import quota on Australian beef. Explain how this quota influences the price that Canadian co...

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Q: With free trade between Australia and Canada, Australia would export beef

With free trade between Australia and Canada, Australia would export beef to Canada. But Canada imposes an import quota on Australian beef. Explain who in Canada gains from the quota on beef imports a...

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Q: How is the gain from imports distributed between consumers and domestic producers

How is the gain from imports distributed between consumers and domestic producers?

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Q: How is the gain from exports distributed between consumers and domestic producers

How is the gain from exports distributed between consumers and domestic producers?

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Q: What are the tools that a country can use to restrict international

What are the tools that a country can use to restrict international trade?

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Q: Explain the effects of a tariff on domestic production, the quantity

Explain the effects of a tariff on domestic production, the quantity bought, and the price.

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Q: Explain the effects of an import quota on domestic production, consumption

Explain the effects of an import quota on domestic production, consumption, and price.

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Q: How does cost-push inflation begin?

How does cost-push inflation begin?

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