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When the Government Imposes an Import Tariff, the Price Received

Question 141

Multiple Choice

When the government imposes an import tariff, the price received by suppliers equals the price


A) suppliers pay less the tariff the consumers must pay to the government.
B) consumers pay plus the tariff the suppliers must pay to the government.
C) consumers pay less the tariff the suppliers must pay to the government.
D) suppliers pay plus the tariff the consumers must pay to the government.
E) paid by consumers.

Correct Answer:

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