Question
Political parties, when faced with perfect competition,
what type of tariff will they impose?Solution
When political parties are faced with perfect competition, they will impose a zero tariff. In a perfectly competitive global market, any tariff would make domestic goods uncompetitive and would not be beneficial for the economy.
More Research Questions
- Which of the following expressions are equal?
'A' = 81 ÷ 9 × 6 - 27
'B' = (3/2) × (40/3) + 30 ÷ 6
'C' = (40 + 12 - 22) ÷ 6 × 5 22.5% of 300 + 32.5% of 4500 =?
- What will come in the place of question mark (?) in the given expression?
(198/13) X (52/11) - ? ÷ 5 = 13 + 68 ÷ 4 - Evaluate: 210 ÷ 15 × 7 + 200 – 50% of 600
115% of 40 + 3 × 4 = ? × 11 – 8
(168 ÷ 12 + 19 × 64)/(22+1) = ?
(8.6 × 8.6 + 4.8 × 4.8 + 17.2 × 4.8) ÷ (8.62 – 4.82 ) = ? ÷ 19
2/5){(3/5) × 750 + 40% of 375} = ? × 16
[4(2/3) + 5(1/6)] × 45% of 240 = ?
What will come in the place of question mark (?) in the given expression?
(87 + 79) X √9 - 298 = ? + √3600
