Canada is a net importer of durable consumer goods (washing machines,refrigerators,etc.) .If Canada,a small country in global markets,imposes a 15% tariff on these goods,it will cause
A) a reduction in the consumption of these goods in Canada.
B) an increase in the quantity imported of these goods.
C) an upward shift in the demand curve for these goods.
D) a decrease in the price consumers pay for these goods in Canada.
E) a reduction in tariff revenue collected by the Canadian government.
Correct Answer:
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