An increase in the tariff on foreign-produced automobiles would most likely help
A) the domestic producers of automobiles.
B) steel producers that sell most of their output to foreign producers of automobiles.
C) workers in the foreign automobile industry.
D) consumers looking for alternatives to domestic automobiles.

Question

Quizplus · Accepted Answer

An increase in tariffs on foreign-produced automobiles would make these cars more expensive, potentially leading consumers to buy more domestically produced cars, thus benefiting domestic producers.

An Increase in the Tariff on Foreign-Produced Automobiles Would Most