Question

In: Economics

The redistributive effect of an import tariff is the transfer of income from the domestic a....

The redistributive effect of an import tariff is the transfer of income from the domestic

a. producers to domestic buyers of the good.

b. buyers to domestic producers of the good.

c. buyers to the domestic government.

d. government to the domestic buyers

25.        An importer of computers is required to pay a duty to the government of $100 per computer regardless of the price of the computer. Which type of tariff is described in this example?

a.    tariff quota

b. compound tariff

c.    specific tariff

d. ad valorem tariff

Solutions

Expert Solution

Question: The redistributive effect of an import tariff is the transfer of income from the domestic

Answer: b. buyers to domestic producers of the good.

Question: An importer of computers is required to pay a duty to the government of $100 per computer regardless of the price of the computer. Which type of tariff is described in this example?

Answer: c. specific tariff


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