Solved

Which of the Following Is FALSE

Question 11

Multiple Choice

Which of the following is FALSE?


A) Consumer surplus increases after a tariff is placed on imports.
B) Producer surplus increases after a tariff is imposed.
C) Government revenue increases after a tariff is imposed.
D) Deadweight losses result from tariffs.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q6: Average tariff rates are highest for<br>A)high-income countries.<br>B)middle-income

Q7: The new GATS and TRIPS are separate

Q8: What has been the most significant obstacle

Q9: Nontariff barriers to trade are less transparent

Q10: Carefully explain how the imposition of a

Q12: Nominal rates of protection<br>A)are always greater than

Q13: An increase in domestic demand for a

Q14: In economic terms,tariffs are preferred to quotas

Q15: Over time,quotas usually lead to larger deadweight

Q16: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3033/.jpg" alt=" The graph