The Imposition of a Tariff on a Product Is Least

question 285

Multiple Choice

The imposition of a tariff on a product is least likely to result in a(n)

• A)increase in efficiency in the domestic industry producing the product.
• B)increase in the price of the product.
• C)decrease in the quantity of imports.
• D)decrease in the real incomes of workers in other industries.

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Definitions:

Organisms

Individual living entities that can react to stimuli, reproduce, grow, and maintain homeostasis.

Diastolic Pressure

Blood pressure when the left ventricle is most relaxed; lowest pressure of the cardiac cycle.

Mm Hg

Millimeters of mercury, a unit of pressure commonly used to measure blood pressure, atmospheric pressure, and other types of low pressure.