If Canada imposes a tariff of $5 per bottle on French wine,the MOST likely effect will be to raise the price of wine in Canada by:
A) more than $5 per bottle.
B) $5 per bottle.
C) less than $5 per bottle and lower the price of wine in France by less than $5 per bottle.
D) less than $5 per bottle without affecting the price of wine in France.
Correct Answer:
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