A Tariff Increases the Quantity of Imports and Moves the Market

question 79

True/False

A tariff increases the quantity of imports and moves the market farther from its equilibrium without trade.

---

Definitions:

Stockholders

Individuals or entities that own shares of a company's stock, making them owners of a portion of the company.

Management

The process of dealing with or controlling things or people, often in the context of running a business, organization, or project.

Secondary Market

A market where investors purchase securities or assets from other investors, rather than from issuing companies directly.

Original Issuance

The first time that securities, such as stocks or bonds, are offered for sale to the public or private investors.