Multiple Choice
Which of the following will not be a consequence of an import tariff?
A) An increase in the price of the product in the domestic market
B) Reduced competitive pressure by foreign firms on the domestic producers
C) Increased level of supply in the domestic market
D) None of the above is correct.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q88: Consumer financing has become a common factor
Q89: If the price in the U.S. is
Q90: An increase in the supply of a
Q91: Market equilibrium refers to a situation in
Q92: Which of the following is a feature
Q94: If the price of a good increases
Q95: Assume that the demand for product
Q96: Assume that the price of X decreases
Q97: How is a Dutch auction conducted?<br>A) Starts
Q98: If we notice that an increase in