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If a Tariff Is Placed on a Good,domestic Producers of the Good

Question 129

Multiple Choice

If a tariff is placed on a good,domestic producers of the good are _________,domestic consumers of the good are _________,and the government _________ tax revenue.


A) better off;better off;gains
B) better off;better off;loses
C) better off;worse off;gains
D) worse off;worse off;gains
E) worse off;better off;gains

Correct Answer:

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