If an import tariff is imposed on a good produced exclusively for export, the tariff will reduce the quantity of the good produced.

Name: If an import tariff is imposed on a good produced exclusively for export, the tariff will reduce the quantity of the good produced.
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Question

Quizplus · Accepted Answer

An import tariff is a tax imposed on goods brought into a country, not on goods produced for export. Therefore, it would not directly affect the quantity of a good produced exclusively for export.

If an Import Tariff Is Imposed on a Good Produced