Because the price of an exported good ________, then ________ gain from exports.
A) rises; domestic consumers
B) falls; domestic consumers
C) rises; domestic producers
D) falls; domestic producers
Correct Answer:
Verified
Q35: Tariffs and import quotas differ in that
A)
Q36: Compared to the situation before international trade,
Q37: A major purpose of tariffs is to
A)
Q38: A tariff
A) is a tax imposed on
Q39: Because the price of an imported good
Q41: A tariff _ the quantity of the
Q42: If the United States imposes a tariff
Q43: Increasing a tariff will _ the domestic
Q44: Suppose the country of Atlantica imposes a
Q45: A tariff imposed by the United States
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents