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    Macroeconomics Principles Study Set 1
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    Exam 15: International Trade
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    When a Tariff Is Imposed on a Good, Domestic Output
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When a Tariff Is Imposed on a Good, Domestic Output

Question 214

Question 214

Multiple Choice

When a tariff is imposed on a good, domestic output of the good _____ and government revenue _____.


A) rises; decreases
B) falls; increases
C) falls; decreases
D) rises; increases

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