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    Principles of Economics
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    Exam 32: A Macroeconomic Theory of the Open Economy
  5. Question
    Introducing Tariffs Will _____ Exports, _____ Imports, Leaving _____ Unaffected
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Introducing Tariffs Will _____ Exports, _____ Imports, Leaving _____ Unaffected

Question 47

Question 47

Multiple Choice

Introducing tariffs will _____ exports, _____ imports, leaving _____ unaffected.


A) reduce; reduce; trade balance
B) reduce; raise; national income
C) reduce; reduce; national income
D) reduce; raise; trade balance

Correct Answer:

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