When a Country Imposes a Per-Unit Tariff on an Imported

question 103

Multiple Choice

When a country imposes a per-unit tariff on an imported good or service,_____.

• A)the price that domestic consumers pay for the import falls
• B)the quantity of the good or service imported into the country declines
• C)the quantity of the good or service imported into the country increases
• D)the price at which any supplier can sell output in the world market decreases
• E)the quantity of the good or service demanded by the consumers increases

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Definitions:

Higher-Order Needs

Refers to the advanced levels of needs in Maslow's hierarchy, including esteem and self-actualization needs, beyond basic physiological and safety requirements.

Esteem

A psychological term describing a positive or negative attitude toward oneself; an aspect of self-respect or self-worth.

Persistence of Effort

The continual exertion of effort towards achieving a goal, despite obstacles or difficulties.

Motivation

The driving force behind individuals' actions, desires, and needs, influencing their behavior and goal achievement.