A Tariff Affects Imports

question 76

Multiple Choice

A tariff affects imports

• A)by limiting quantity and raising price to a higher level.
• B)by reducing quantity demanded so that supply falls.
• C)by increasing supply, raising price, and reducing demand.
• D)by raising price and reducing quantity demanded.

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Definitions:

Onion

A bulbous plant with a strong flavor and aroma, used as a vegetable in cooking or as a base for many dishes.

Layers

Strata or levels within a structure or system, each having distinct characteristics or functions.

Core

The central, innermost, or most essential part of an object, concept, or system.

Emotions

Feelings that result from one's circumstances, mood, or relationships with others.