If Australia Imposes a Tariff on Foreign Chocolate, How Are

question 25

Multiple Choice

If Australia imposes a tariff on foreign chocolate, how are Australian buyers of chocolate affected?

• A) The price they pay for chocolate falls but they consume less chocolate because less is imported.
• B) The quantity they consume is unchanged.
• C) The price they pay for chocolate falls and they consume more chocolate.
• D) The price they pay for chocolate rises.
• E) Their demand for chocolate increases because Australian production of chocolate increases.

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Definitions:

Centrioles

Cylindrical cell structures involved in the process of cell division and in the organization of microtubules in the cell.

Microtubule-Organizing Center

A cellular structure important for the nucleation, anchoring, and organization of microtubules.

Plant Cells

The basic structural and functional units of plants, characterized by a rigid cell wall, chloroplasts for photosynthesis, and a large central vacuole for storing water and other substances.

Cytokinesis

The process in which the cytoplasm of a single eukaryotic cell is divided to form two daughter cells after mitosis or meiosis.