A Country Can Improve Its Own Terms of Trade by Imposing

Multiple Choice

A country can improve its own terms of trade by imposing a tariff if that country

A) constitutes a large fraction of the world demand for some product that it imports.
B) has a high level of industrial diversification.
C) has a significant trade surplus.
D) imports mostly primary products.
E) produces and exports a large fraction of the world's supply of some commodity.