The United States imposes a tariff on imported stereos.This tariff would benefit
A) American consumers looking to purchase a stereo.
B) retail and shipping companies that import foreign-made stereos.
C) stereo producers in the United States.
D) the U.S. economy as a whole.

Question

Quizplus · Accepted Answer

The tariff would benefit stereo producers in the United States by making imported stereos more expensive, which would make domestically produced stereos more competitive.

The United States Imposes a Tariff on Imported Stereos