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Relative to Free Trade, When a Tariff Is Imposed in a Market

Question 50

Multiple Choice

Relative to free trade, when a tariff is imposed in a market for an imported good,


A) the producer surplus in that market decreases.
B) the total surplus in that market decreases.
C) tariff revenue decreases.
D) the consumer surplus in that market increases.
E) deadweight loss decreases.

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