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If a Country Imposes a Tariff on Imported Shoes,we Expect

Question 174

Multiple Choice

If a country imposes a tariff on imported shoes,we expect the domestic price of shoes to _____,domestic consumption to _____,and domestic production to _____.


A) fall;fall;fall
B) fall;rise;fall
C) rise;fall;rise
D) rise;rise;fall

Correct Answer:

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