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When the United States Imposed a Tariff on Imported Shrimp

Question 169

Multiple Choice

When the United States imposed a tariff on imported shrimp, a Vietnamese official said: "If the tariffs are imposed, that will mean fewer shrimp for the U.S. market and higher prices for consumers. So the U.S. government position hurts its own people. That's irrational." The imposition of tariffs by the United States in this case illustrates:


A) that the U.S. government, like all governments, is sometimes irrational.
B) what the text calls the general rule of political economy, which states that often small interest groups lobby better than large groups.
C) that U.S. consumers are either irrational or altruistic because they are willing to pay higher prices to help the U.S. shrimp industry.
D) the good/bad paradox that what is good economics is always bad politics and vice versa.

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