Introducing a tariff on vitamin Z would:
A) reduce exports of vitamin Z.
B) increase American consumption of domestically produced vitamin Z.
C) increase total American consumption of vitamin Z.
D) decrease domestic production of vitamin Z.

Question

Quizplus · Accepted Answer

Tariffs on imports make foreign goods more expensive, encouraging consumers to buy domestically produced alternatives, thus potentially increasing American consumption of domestically produced vitamin Z.

Introducing a Tariff on Vitamin Z Would