Suppose Canada Eliminates a 15% Tariff on Foreign-Made Leather Goods

question 51

Multiple Choice

Suppose Canada eliminates a 15% tariff on foreign-made leather goods.There will be a ________ in the Canadian price of leather goods,________ profits for domestic leather-goods producers,and ________ in the deadweight loss associated with the tariff.

• A)rise; increased; an increase
• B)fall; decreased; a decrease
• C)rise; increased; a decrease
• D)fall; increased; a decrease
• E)fall; decreased; an increase

---

Definitions:

Proxemics

The study of human use of space and the effects that population density has on behaviour, communication, and social interaction.

Demonstration

A method of teaching by example rather than simple explanation, showing how a task should be performed.

Confidential

Information or material meant to be kept secret or private between the parties involved, often protected by law or agreement.

Continuity Of Care

Coordination of services provided to individuals before, during, and after entry into a health care facility.