In a Small Country, an Export Tariff Will Result In

question 27

Multiple Choice

In a small country, an export tariff will result in:

• A) a consumption deadweight loss but no production deadweight loss.
• B) a production deadweight loss but no consumption deadweight loss.
• C) no production and consumption deadweight losses.
• D) both production and consumption deadweight losses.

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Definitions:

Cone

(1) In botany, a reproductive structure in many gymnosperms that produces either microspores or megaspores. (2) In zoology, one of the conical photoreceptive cells of the retina that is particularly sensitive to bright light and, by distinguishing light of various wavelengths, mediates color vision. Compare with rod.

Compound Eye

A type of eye found in some arthropods, consisting of multiple small visual units that provide a wide field of vision and the ability to detect movement.

Camera Eye

A type of eye found in vertebrates and some mollusks that is characterized by a spherical lens that focuses light on the retina, producing a detailed image.

Ocelli Eye

Simple eyes, or ocelli, are found in some invertebrates, consisting of photoreceptor cells to detect light intensity and direction, but not form detailed images.