If a Country Imposes a Tariff on an Imported Good

question 45

Multiple Choice

If a country imposes a tariff on an imported good, the tariff _______ the price in the importing country and _______ the quantity of imports.

• A)raises; does not change
• B)raises; increases
• C)raises; decreases
• D)lowers; increases
• E)lowers; does not change

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Definitions:

CAM Plants

Plants that utilize Crassulacean Acid Metabolism, an adaptation for photosynthesis in arid conditions.

Organisms

Any contiguous living system, such as an animal, plant, fungus, archaeon, or bacterium.

C4 Plants

A group of plants that utilize a specialized mechanism for photosynthesis, enhancing their ability to capture carbon dioxide and thrive in hot, dry environments.

CAM Plants

Plants that utilize Crassulacean Acid Metabolism, an adaptive photosynthesis strategy to minimize water loss in arid conditions by opening stomata at night.