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1. Harmonysed System refers to
A
Goods classification for customs purposes
B
Musical scales to create harmonies
C
An agreement to use the same metodological system
2. The study shows that export taxes concentrate on (select the false option)
A
Raw materials
B
Energy products
C
Apparel
3. According to the author, one of the more distorted sector is
A
Car pieces
B
Videogames
C
Forestry
4. Removing export taxes
A
Decrease overall world welfare
B
Doesn't affect overall world welfare
C
Increases overall world welfare
5. Overall gain if all export taxes are removed is
A
0.5%
B
Less than 0.5%
C
Higher of 0.5%
6. The paper refers to Dutch disease. It means
A
Removing export taxes provokes diseases in the Netherlands
B
Discovering natural gas fields may affect negatively exports
C
Duth export taxes affects negatively international trade
7. Impact of export taxes removal on income is
A
Higher than the effect of import taxes removal
B
Smaller than the effect of import taxes removal
C
Removing import taxes has not income effects
8. Armington elasticities
A
When smaller, result in less differentiated products
B
When larger, result in less differentiated products
C
Doesn't refer to consumers willingness to change one product for other
9. When in a graph the supply and demand curves are shown, we're facing
A
Partial equilibrium analysis
B
General equilibrium analysis
C
Boring equilibrium analysis
10. When in a graph the production possibilities frontier curve is shown, we're facing
A
General equilibrium analysis
B
Partial equilibrium analysis
C
Boring equilibrium analysis
11. When an importing or exporting country has international market power, we refer to it as
A
Big country case
B
Small country case
C
Monopolistic case
12. When an importing or exporting country hasn't international market power, we refer to it as
A
Small country case
B
Big country case
C
Unmonopolistic case
13. An import duty calculated as a percentage of the good value is call
A
Mixed tariff
B
Specific tariff
C
Ad valorem tariff
14. An import duty calculated as a lump sum per unit of imported good is call
A
Mixed tariff
B
Specific tariff
C
Ad valorem tariff
15. Removal of export taxes
A
May have negative effects in some countries
B
Has positive effects on all countries
C
Only Argentina is negatively affected
16. Export taxes on a given good may be used (select the false option)
A
To ensure domestic markets supply of that good
B
To reduce domestic price of that good
C
To increase domestic price of that good