The Redistributive Effect of an Import Tariff Is the Transfer

question 22

Multiple Choice

The redistributive effect of an import tariff is the transfer of income from the domestic

• A) producers to domestic buyers of the good.
• B) buyers to domestic producers of the good.
• C) buyers to the domestic government.
• D) government to the domestic buyers.

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Definitions:

Test Statistic

A number derived from the sample data in a hypothesis test that helps decide whether the null hypothesis should be rejected.

Alternative

The hypothesis that there is a significant difference between specified populations or sets of data, contrasting the null hypothesis.

Population Proportion

The fraction or percentage of the population that possesses a particular characteristic or attribute.

Sample Size

The number of individuals or observations included in a sample taken from a population.