Multiple Choice
If a country's government imposes a tariff on imported goods, that country's current account balance will likely ____ (assuming no retaliation by other governments) .
A) decrease
B) increase
C) remain unaffected
D) either A or C are possible
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q16: The primary component of the capital account
Q47: _ purchases more U.S. exports than the
Q53: The primary component of the current account
Q54: Intracompany trade represents the exporting of products
Q55: If the home currency begins to appreciate
Q56: In recent years, the U.S. has had
Q59: Intracompany trade makes up approximately _ percent
Q62: Which of the following is not a
Q63: Direct foreign investment into the U.S. represents
Q69: Outsourcing allows some MNCs to reduce costs