Of the Following, Who Is Harmed by a Tariff

question 33

Multiple Choice

Of the following, who is harmed by a tariff?

• A) Domestic buyers of the good or service.
• B) The overall domestic economy.
• C) The foreign exporter of the good or service.
• D) Domestic producers of the good or service.
• E) Both answers A and B are correct.

---

Definitions:

Sensory Memory

The shortest-term element of memory, it is the ability to retain impressions of sensory information after the original stimuli have ended.

Long-Term Memory

The aspect of our memory system that is capable of storing a vast amount of information for periods ranging from minutes to a lifetime.

Short-Term Memory

The part of memory that temporarily stores information for a brief period, typically from seconds to a few minutes.

Evaluating Information

The process of critically assessing the sources, validity, and relevance of information.