1. Home
  2. Principles of macroeconomics
  3. Globalization and protectionism
  4. Protectionism: an indirect

17.1 Protectionism: an indirect subsidy from consumers to producers  (Page 9/16)

<< Chapter < Page
  Principles of macroeconomics     Page 9 / 16
Chapter >> Page >

  • Card 9 / 16:
    Explain how a tariff reduction causes an increase in the equilibrium quantity of imports and a decrease in the equilibrium price. Hint: Consider the Work It Out "Effects of Trade Barriers."

    This is the opposite case of the Work It Out feature. A reduced tariff is like a decrease in the cost of production, which is shown by a downward (or rightward) shift in the supply curve.

  • Keyboard Shortcuts

    Previous Card ← Previous Card Button
    Next Card → Next Card Button
    Flip Card ↑ / ↓ / Return / Space

Questions & Answers

discuss how the following factors such as predation risk, competition and habitat structure influence animal's foraging behavior in essay form
Burnet Reply
location of cervical vertebra
KENNEDY Reply
What are acid
Sheriff Reply
define biology infour way
Happiness Reply
What are types of cell
Nansoh Reply
how can I get this book
Gatyin Reply
what is lump
Chineye Reply
what is cell
Maluak Reply
what is biology
Maluak
what's cornea?
Majak Reply
what are cell
Achol
Explain the following terms . (1) Abiotic factors in an ecosystem
Nomai Reply
Abiotic factors are non living components of ecosystem.These include physical and chemical elements like temperature,light,water,soil,air quality and oxygen etc
Qasim
Define the term Abiotic
Marial
what is biology
daniel Reply
what is diffusion
Emmanuel Reply
passive process of transport of low-molecular weight material according to its concentration gradient
AI-Robot
what is production?
Catherine
hello
Marial
Pathogens and diseases
Reply
how did the oxygen help a human being
Achol Reply
how did the nutrition help the plants
Achol Reply
Got questions? Join the online conversation and get instant answers!
Jobilize.com Reply
<< Chapter < Page Page > Chapter >>
Practice FlashCards 7 Key Terms 4

Read also:

Get Jobilize Job Search Mobile App in your pocket Now!

Get it on Google Play Download on the App Store Now




Source:  OpenStax, Principles of macroeconomics. OpenStax CNX. Jan 09, 2015 Download for free at http://legacy.cnx.org/content/col11750/1.2
Flash Cards plugin by Curtis Blackwell github.com/curtisblackwell/flash_cards
Google Play and the Google Play logo are trademarks of Google Inc.

Notification Switch

Would you like to follow the 'Principles of macroeconomics' conversation and receive update notifications?

Ask