Which of the following would not be a reason for a govern...
Which of the following would not be a reason for a government to impose a quota on imports?
To support strategic industry
To prevent dumping
To decrease tax revenue
Employment oppourtunity
Correct answer is C
Reasons for the imposition of tariffs or restriction of trade are: To protect infant industries, generation of revenue, to prevent dumping, to improve balance of payment deficit, employment generation, to promote self-sufficiency, political motive, to protect strategic industries etc.
The value of money is best determined by ...
One of the advantages of capitalism is that ...
Economics is a social science because it ...
The recent revolution of Cassava from ordinary food crop to export crop will lead to ...
Which is NOT a cause of high population growth in Nigeria? ...
The most common form of business enterprise in West Africa is the ...
Agriculture accounts for about 60% of the ...