________ Observation Occurs When the Presence of the Observer Is

question 34

Multiple Choice

________ observation occurs when the presence of the observer is explicitly known.

• A)Disguised
• B)Closed
• C)Transparent
• D)Open

Understand the role of world price in determining whether a country will import or export a good.

Analyze the impact of tariffs on the quantity of goods imported or exported.

Understand the effects of tariffs and import quotas on domestic markets, including impacts on consumer surplus, producer surplus, and total surplus.

Analyze the impact of trade (both free and restricted) on domestic producers and consumers.