Which of the Following Is Likely to Happen If the Government

question 129

Multiple Choice

Which of the following is likely to happen if the government imposes a tariff on steel imports?

• A) The domestic producers of steel will face more foreign competition.
• B) The domestic producers of steel will face less foreign competition.
• C) The domestic producers of steel will be worse off.
• D) The domestic consumers of steel will be better off.

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