Arizona State University

ECN 306

Quiz 8

1)The United States_provide government aid to American aircraft exporters. The European Union                                                                   provide government aid to European aircraft exporters.

2. The combination of an export subsidy imposed by Japan and an equal countervailing import duty imposed by Australia will result in losses for:

3. Which of the following does the World Trade Organization allow countries to impose?

4. The United States does not place a tax on exports from the United States because:

5. For persistent dumping to be successful, firms will maximize profits by:

6. The success of Asian apparel exports to the United States and Europe probably is based on:

7. If a country believes that dumping is occurring and that domestic firms are being hurt by that dumping, the country can complain to the WTO or the country can:

8. Financial assistance that governments provide to benefit firms that sell to foreign buyers is:

9. An export subsidy raises domestic prices for the product, so, for an export subsidy to be successful:

10. Substantial export subsidies can switch a(n)                                                  product into a(n)

                                                     product.

11. Financial assistance that governments provide to benefit firms that sell to foreign buyers is: