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An Import Tariff Will Cause the Relative Demand for to and the Relative

Question 27

Multiple Choice

An import tariff will cause the relative demand for to and the relative supply for to .


A) imports; decrease; imports; increase
B) exports; increase; imports; decrease
C) exports; decrease; exports; increase
D) exports; increase; exports; decrease
E) imports; increase; imports; decrease

Correct Answer:

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