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Other Fields Homework Help Economics Topic started by: vellojo on Oct 25, 2016



Title: In 2006, the European Union (EU) threatened to ban imports of long-grain rice because traces of ...
Post by: vellojo on Oct 25, 2016
In 2006, the European Union (EU) threatened to ban imports of long-grain rice because traces of genetically modified rice were found mixed in to commercial supplies.  Instead of a complete ban, suppose the EU placed a tariff on the import of long-grain rice.  Which of the following would be an outcome of this tariff?
A) The price of long-grain rice in the EU would be lower with a tariff than if rice imports were completely banned, but higher than with free trade
B) The price of long-grain rice in the EU would be higher with a tariff than if rice imports were completely banned, but lower than with free trade
C) The price of long-grain rice in the EU would be lower with a tariff than if rice imports were completely banned, but lower than with free trade
D) The price of long-grain rice in the EU would be higher with a tariff than if rice imports were completely banned


Title: Re: In 2006, the European Union (EU) threatened to ban imports of long-grain rice because traces of ...
Post by: ukrania on Oct 25, 2016
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Title: Re: In 2006, the European Union (EU) threatened to ban imports of long-grain rice because traces of ...
Post by: vellojo on Dec 2, 2016
Thank you for this

Comes at the right time too!

Good luck on your exams


Title: Re: In 2006, the European Union (EU) threatened to ban imports of long-grain rice because traces of ...
Post by: ukrania on Dec 5, 2016
Happy to help :)


Title: Re: In 2006, the European Union (EU) threatened to ban imports of long-grain rice because traces of ...
Post by: Vun Montanio on Jan 19, 2021
thank you