Canada Is a Net Importer of Durable Consumer Goods (Washing

question 93

Multiple Choice

Canada is a net importer of durable consumer goods (washing machines,refrigerators,etc.) .If Canada,a small country in global markets,imposes a 15% tariff on these goods,it will cause

• A)a decrease in the price consumers pay for these goods in Canada.
• B)a reduction in the consumption of these goods in Canada.
• C)a reduction in tariff revenue collected by the Canadian government.
• D)an increase in the quantity imported of these goods.
• E)an upward shift in the demand curve for these goods.

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