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When a Country Decides to Impose a Tariff on a Good

Question 12

Multiple Choice

When a country decides to impose a tariff on a good they are already importing,we can expect the ________ to decrease and the price of the good to ________.


A) supply; increase
B) supply; decrease
C) demand; decrease
D) demand; increase
E) supply and demand; decrease

Correct Answer:

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