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Suppose Nambia imports sardines at a border price of $5 per box. If there are 70 Nambia shillings to the dollar and Nambia imposes a

Suppose Nambia imports sardines at a border price of $5 per box. If there are 70 Nambia shillings to the dollar and Nambia imposes a 50 percent tariff on imported sardines, then the domestic price of the imported box of sardines is closest to:

A: 105

B: 400

C: 350

D: 525

E: None of the choices is correct

Nambia faces world prices for finished radios and radio components, which are 100 shillings and 95 shillings, respectively. There is a 30 percent tariff on imported radios and no tariff on imported components. The effective rate of protection for the radio assembly industry in Nambia is closest to:

A: 60%

B: None of the Choices is Correct

C: 30%

D: 5%

E: 600%

Nambia faces world prices for TVs and TV components, which are 500 shillings and 400 shillings, respectively. There is a 20 percent tariff on imported TVs and a 20 percent tariff on imported TV components. The effective rate of protection for the TV assembly industry in Nambia is closest to:

A: 0%

B: 20%

C: 120%

D: 40%

E: None of above

Nambia faces world prices for cars and car components, which are 50,000 shillings and 30,000 shillings, respectively. There is a 36 percent tariff on imported cars and a 60 percent tariff on imported car components. The effective rate of protection for the Nambian car assembly industry is closest to:

A: 24%

B: 67%

C: 0%

D: -24%

E: None of above

Thank you,

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