If the Imposition of Tariff on a Commodity Alters the Relative

Multiple Choice

If the imposition of tariff on a commodity alters the relative prices of the imposing country's exports to its imports, it is referred to as the:

A) total price effect of the tariff.
B) production effect of the tariff.
C) consumption effect of the tariff.
D) terms-of-trade effect of the tariff.