Which is a more restrictive trade barrier-an import tariff

Reference no: EM131900100

Problem

1. Should u.s. antidumping laws be stated in terms of full production costs or marginal costs?

2. Which is a more restrictive trade barrier-an import tariff or an equivalent import quota?

3. Differentiate among sporadic, persistent, and predatory dumping.

4. A subsidy may provide import-competing producers the same degree of protection as tariffs or quotas but at a lower cost in terms of national welfare. Explain.

Reference no: EM131900100

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