If a Tariff Is Imposed in a Country That Is

question 100

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)higher; not change
• C)higher; rise
• D)lower; not change
• E)lower; rise

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Definitions:

Self-perception Theory

A theory suggesting individuals infer their own attitudes and emotions by observing their own behavior and the context in which it occurs.

Locus Of Control

A psychological concept that refers to how strongly individuals believe they have control over the situations and experiences that affect their lives.

Overjustification Effect

The phenomenon where offering external incentives for an already internally rewarding behavior can lead to a reduction in intrinsic motivation.

Performance Goals

Objectives set by individuals or groups that focus on achieving specific standards or outcomes, often in a competitive context.