If a Tariff Is Imposed in a Country That Is

question 94

Multiple Choice

If a tariff is imposed in a country that is too small to have global market power,the domestic consumer will face a price,and the price paid to foreign producers will .

• A)higher; fall
• B)lower; not change
• C)lower; rise
• D)higher; rise
• E)higher; not change

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Definitions:

Influenza

A highly contagious viral infection that attacks the respiratory system, characterized by symptoms like fever, cough, and muscle aches.

Allergy

An immune system reaction to a foreign substance (allergens) that is not typically harmful to the body.

Slight Fever

A minor elevation in body temperature, often indicating the presence of an infection or illness.

Muscle Aches

Discomfort or pain within the muscle tissue, often resulting from overexertion, tension, or a physical condition.