Multiple Choice
If a tariff is imposed on imports of shrimp into the United States,U.S.consumer surplus from shrimp will ________ and U.S.producer surplus from shrimp will ________.
A) increase; increase
B) increase; decrease
C) decrease; increase
D) decrease; decrease
E) increase; not change
Correct Answer:

Verified
Correct Answer:
Verified
Q72: A nation has a comparative advantage in
Q73: If the United States starts to import
Q74: The two main reasons why international trade
Q75: The fundamental force that generates international trade
Q76: The agreement between the United States,Mexico,and Canada
Q78: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The figure above
Q79: A tariff makes the total economy<br>A) better
Q80: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The above figure
Q81: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The figure above
Q82: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The United States