If a Small Country Imposes a Tariff on Imported Motorcycles

question 47

Multiple Choice

If a small country imposes a tariff on imported motorcycles:

• A)the surplus of the domestic producers of motorcycles will decline, but the surplus of the domestic consumers will increase.
• B)the surplus of both the domestic producers and consumers of motorcycles will decline.
• C)the surplus of both the domestic producers and consumers of motorcycles will increase.
• D)the surplus of the domestic producers of motorcycles will increase, but the surplus of the domestic consumers will decline.

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Definitions:

Pan-

A prefix meaning "all" or "every," indicating inclusiveness or a wide scope in various fields.

Myocarditis

Inflammation of the heart muscle, often due to viral infections, leading to heart dysfunction.

Endocarditis

An infection of the inner lining of the heart chambers and heart valves.

Singular

Unique or one of a kind; in grammar, referring to the form of a noun or pronoun that denotes only one person, place, thing, or idea.