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Free Trade and Trade Protection (id: 35e7d0004)

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admin 发表于 2024-7-27 17:05:26 | 显示全部楼层 |阅读模式
本题目来源于试卷: Free Trade and Trade Protection,类别为 IB经济学

[单选题]
Imagine a hypotheticbr+ fu)u/r xnbn04f *h- 3t7h2pyh dl(1t 2 bsuxp-nwtal scenario where the fictional country of Protopia decides to sell its exports at below-cost prices in the neighboring country of bpp l3-ynhw2t u-7st1 t d2x(hEconland.
In the scenario above, if Econland responded by imposing tariffs on imports from Protopia, the tariffs are

I. an anti-dumping measure.
II. a response to unfair competition.
III. used to protect domestic jobs.
IV. a step towards a more efficient allocation of resources.

A. I only
B. II only
C. I and IV only
D. I, II and III only


参考答案:  D


本题详细解析:
D

Explanation:
Statement I: tariffs in this scenario will be an anti-dumping measure to counter Protopia’s dumping of its products at below-cost prices.

Statement II: Econland’s tariffs are a response to Protopia’s unfair competition, and many economists would argue that tariffs in this case are justifiable.

Statement III: Econland’s tariffs are used to counter Protopia’s dumping and will thus protect domestic jobs in those industries harmed by Protopia’s actions.

Statement IV: Trade protection leads to a misallocation of resources, even when in response to dumping by a trade partner. Countries can utilize diplomacy and political pressure to prevent dumping, rather than resort to tariffs.

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