When a Tariff Is Applied to a Good Exported by a Foreign

question 92

Multiple Choice

When a tariff is applied to a good exported by a foreign monopoly
(with no home producer) , the price net of the tariff received by the
Seller is _________.

• A)lower than under free trade
• B)higher than under free trade
• C)the same as under free trade
• D)so high that no sales are possible

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Definitions:

Alleviate Effects

The process of reducing the severity or intensity of negative outcomes or impacts.

Stress

A physical or emotional reaction to challenging or demanding circumstances.

Daily Stress

The frequent exposure to stressors within one's day-to-day life that can impact mental and physical health.

Age Range

A specific span of years indicating the minimum and maximum age boundaries, often used for classification or study purposes.