1. Consumer surplus measures the amount a consumer gains from a purchase by computing the ratio of the price he actually pays to the price he would have been willing to pay. (p198). True or False? * 2. Consumption distortion loss resulting from the fact that a tariff leads consumers to consume too much of the good. (p.202). True or False? * 3. An import quota is a direct restriction on the quality of some good that may be imported. (205). True or False? * 4. Intra-industry trade: two-way exchanges of different goods. (p.168). True or False? *Xem thêm thông tin: http://internationaleconomics.webnode.vn/quiz-9/
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