Multiple Choice
All of the following questions or statements regarding tariffs are positive statements except:
A) Economic models can be used to estimate the dollar amounts gained by the winners from the imposition of a tariff.
B) Economic analysis can, by itself, decide whether a tariff proposal should be enacted.
C) Economic analysis can show the size of the loss of economic efficiency from the imposition of a tariff.
D) Economic models can be used to estimate the dollar amounts lost by the losers from the imposition of a tariff.
Correct Answer:

Verified
Correct Answer:
Verified
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