Spain Is an Importer of Computer Chips,taking the World Price

question 252

Multiple Choice

Spain is an importer of computer chips,taking the world price of $12 per chip as given.Suppose Spain imposes a $5 tariff on chips.As a result,

• A)Spanish consumers of chips and Spanish producers of chips both gain.
• B)Spanish consumers of chips gain and Spanish producers of chips lose.
• C)Spanish consumers of chips lose and Spanish producers of chips gain.
• D)Spanish consumers of chips and Spanish producers of chips both lose.

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Definitions:

Damaged Kidneys

A condition where the kidneys have sustained harm, impairing their ability to filter waste products from the blood effectively.

Urine Test

A diagnostic method that analyzes the content of urine for medical information regarding health and disease.

Selective Permeability

A property of cellular membranes that allows them to regulate the passage of substances in and out of the cell, permitting some molecules to pass through while blocking others.

Loop Of Henle

A section of the nephron in the kidney which concentrates the urine while reabsorbing water and ions.