Raising an existing tariff on grapes from Chile will:

Question

Quizplus · Accepted Answer

Raising an existing tariff on grapes from Chile will increase the price of those grapes in the U.S., making them less competitive with domestically produced grapes and other imported grapes. This will likely result in a decrease in the consumption of Chilean grapes, but it may not necessarily lead to an increase in U.S. imports or a decrease in domestic production. Therefore, the best answer is C, which states that the overall consumption of grapes in the U.S. will decrease.

Raising an Existing Tariff on Grapes from Chile Will