When a Country Moves Away from a Free Trade Position

question 94

Multiple Choice

When a country moves away from a free trade position and imposes a tariff on imports,it causes

• A)a decrease in total surplus in the market.
• B)a decrease in producer surplus in the market.
• C)an increase in consumer surplus in the market.
• D)a decrease in revenue to the government.

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Definitions:

Biased Sample

A sample that does not accurately reflect the population from which it was drawn, often due to overrepresentation or underrepresentation of certain groups.

Target Population

The entire group of individuals or instances about whom the research is focused and to whom the results of the study are intended to be generalized.

Systematic Difference

Differences between groups or conditions that are consistent, predictable, and attributable to a specific cause or intervention in a study.

Population

In research, population refers to the entire group of individuals or instances about whom the study is making conclusions, from which a sample can be drawn for analysis.