Multiple Choice
What is the effect of the high (15.3%) U.S.tariff on garments
Imported from Bangladesh on the Bangladesh economy?
A) It has no effect on the Bangladesh economy, since U.S. consumers ultimately pay the tariff.
B) It acts as a hidden tax of $4.61 on Bangladeshi citizens.
C) It improves Bangladesh's terms of trade with the United States.
D) It has a very small effect on the Bangladeshi economy, since only 10% of its exports to the United States are subject to the
Tariff.
Correct Answer:
Verified
Correct Answer:
Verified
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