Oranges are both produced in and imported into the United States. Suppose there had been a tariff on imported oranges, and now it is lifted. Who benefits financially from this move to completely free international trade in oranges?
A) U.S. orange producers
B) U.S. orange workers
C) U.S. orange eaters
D) U.S. government
Correct Answer:
Verified
Q72: Babe Ruth was great at both pitching
Q73: In the U.S., sheep producers
A) faces stiff
Q74: CAFTA refers to the trade agreement that
Q75: In terms of production of output, having
Q76: Japan is a major exporter of automobiles,
Q78: The difference between a tariff and a
Q79: Supporters of tariffs and other trade restrictions
Q80: A disadvantage of increased globalization and free
Q81: The argument that free trade should be
Q82: All of the following are arguments for
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