In Reality, If a Nation Imposes Tarrifs, Then the Final

question 172

Multiple Choice

In reality, if a nation imposes tarrifs, then the final result will be that:

• A)net exports and GDP will increase.
• B)net exports and GDP will decrease.
• C)there will be is no long term effect on net exports and GDP.
• D)there will be a decrease in imports and an increase in GDP.

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Definitions:

Myristic Acid

A saturated 14-carbon fatty acid, also known as tetradecanoic acid, common in animal and vegetable fats.

Palmitic Acid

A saturated fatty acid found in fats and waxes including olive oil, palm oil, and body lipids, known scientifically as hexadecanoic acid.

Stearic Acid

A saturated fatty acid found in various animal and plant fats, used in the manufacturing of detergents, soaps, and cosmetics.

Linoleic Acid

A polyunsaturated omega-6 fatty acid important in human diet and cell structure.