Multiple Choice
If a good is imported into (small) country H from country F,then the imposition of a tariff In country H
A) raises the price in country H and does not affect its price in country F.
B) lowers the price of the good in both countries.
C) raises the price of the good in both countries (the "Law of One Price") .
D) raises the price of the good in H and lowers it in F.
E) lowers the price of the good in H and could raise it in F.
Correct Answer:

Verified
Correct Answer:
Verified
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