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When a Country That Imports a Particular Good Imposes a Tariff

Question 216

Multiple Choice

When a country that imports a particular good imposes a tariff on that good,


A) producer surplus increases and total surplus increases in the market for that good.
B) producer surplus increases and total surplus decreases in the market for that good.
C) producer surplus decreases and total surplus increases in the market for that good.
D) producer surplus decreases and total surplus decreases in the market for that good.

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