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Canada Is a Net Importer of Durable Consumer Goods (Washing

Question 52

Multiple Choice

Canada is a net importer of durable consumer goods (washing machines,refrigerators,etc.) .If Canada initially has no tariffs and it then imposes a 10% tariff on these goods,we would expect to observe


A) a reduction in the production of the commodity in Canada.
B) an upward shift in the commodity's demand curve.
C) a downward shift in the commodity's demand curve.
D) an upward shift in the commodity's supply curve.
E) an increase in the tariff revenue collected by the Canadian government.

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