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Research Studies Indicate That

Question 115

Multiple Choice

Research studies indicate that


A) U.S. producers gain more from tariffs than U.S. consumers lose.
B) the costs of trade restrictions are proportionately higher for high-income groups than for low-income groups.
C) the revenue from tariffs equals the total cost that tariffs impose on consumers.
D) U.S. consumers lose more from tariffs than U.S. producers gain.

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