If a Tariff Is Imposed by a Country That Is

Multiple Choice

If a tariff is imposed by a country that is large enough to have market power in global markets,the domestic consumer will face a domestic price ________ than the world price for the product,and this world price will be ________ by the tariff.

A) higher; reduced
B) higher; increased
C) lower; increased
D) lower; unaffected
E) lower; reduced