Which of the following would not be a reason for a govern...
Which of the following would not be a reason for a government to impose a quota on imports?
To support strategic industry
To prevent dumping
To decrease tax revenue
Employment oppourtunity
Correct answer is C
Reasons for the imposition of tariffs or restriction of trade are: To protect infant industries, generation of revenue, to prevent dumping, to improve balance of payment deficit, employment generation, to promote self-sufficiency, political motive, to protect strategic industries etc.
One of the characteristics of an imperfect market is ...
The dependency ratio of a country is the ...
The basic principle of cooperative societies is to ________ ...
One major aim of a cartel is to ...
Which of the following items does NOT belong to a country's current account in the balance of pa...
If the supply curve of labour market is given as S = 4L + 8. What is L when s = 20? ...
Which of the following statements is true about terms of trade? ...
Stock and shares as well as bonds are examples of instruments used in the ...
Mr. Patrick’s income is N900 while that of Mr. Shodawe is N1,300. if Mr. Patrick and Shodawe p...