The Redistribution Effect of an Import Tariff Is the Transfer

question 153

Multiple Choice

The redistribution effect of an import tariff is the transfer of income from the domestic:

• A) Producers to domestic buyers of the good
• B) Buyers to domestic producers of the good
• C) Buyers to the domestic government
• D) Government to the domestic buyers

---

Definitions:

Minority Status

The position of being part of a group that is smaller in number within a society and often has less power, representation, or privilege.

Cultural Capital

The non-financial social assets that promote social mobility beyond economic means, including education, intellect, style of speech, dress, or physical appearance.

Formal Knowledge

Systematically organized information, often verified and recognized by institutions, that is taught through educational systems or specialized training.

IQ

An abbreviation for Intelligence Quotient, a measure of a person's cognitive abilities and potential, compared against a normative population scale.