If a Country Has Very High Tariffs

Multiple Choice

If a country has very high tariffs,

A) companies either do not serve the local market or set up manufacturing plants within the country to save on duties.
B) companies do not serve the local market.
C) companies set up manufacturing plants within the country to save on duties.
D) companies will not serve the local market or set up manufacturing plants within the country to save on duties.
E) companies will serve the local market by setting up regional manufacturing plants.