Multiple Choice
What will be an impact on the Canadian economy of restricting imports of Brazilian shoes into Canada? How will the Canadian economy be impacted if imports of Brazilian shoes are restricted?
A) It will raise the price of both Brazilian and domestically produced shoes.
B) It will raise the price of Brazilian shoes but lower the price of domestically produced shoes.
C) It will lower the price of Brazilian shoes but raise the price of domestically produced shoes.
D) It will lower the price of both Brazilian and domestically produced shoes.
Correct Answer:
Verified
Correct Answer:
Verified
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