The Main Redistribution Effect of a Tariff Is the Transfer

question 23

Multiple Choice

The main redistribution effect of a tariff is the transfer of income from

• A) domestic producers to domestic buyers.
• B) domestic buyers to domestic producers.
• C) domestic producers to domestic government.
• D) domestic government to domestic consumers.
• E) foreign producers to domestic consumers.

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Definitions:

Cognitive Dissonance

A mental discomfort experienced by a person who holds two or more contradictory beliefs, ideas, or values at the same time.

Attribution

Attribution is a concept in psychology that involves explaining the causes of behaviors or events, often relating to the assignment of fault or credit.

Milgram's Experiment

A psychological experiment conducted by Stanley Milgram to measure the willingness of study participants to obey an authority figure instructing them to perform acts conflicting with their personal conscience.

African-American

Pertaining to Americans of African descent, this term emphasizes the rich cultural and historical heritage linked to the African diaspora in the United States.