International economic relations
Answers are for parents and teachers.
1
The import price is 1 200 000 so‘m and the tariff 25%. What is the price after the tariff in so‘m?
1500000
2
2 000 units of goods were imported with a customs duty of 120 000 so‘m on each. How many so‘m in total go to the budget?
240000000
3
The quota is 3 000 units and domestic need is 4 200 units. What is the shortage in units?
1200
4
Write one benefit and one harm of restricting foreign trade.
Benefit: national producers are protected and the budget gets duties; harm: prices rise for consumers and counter-measures reduce trade.