When a Tariff Is Imposed on a Good,the ________ Increases

question 269

Multiple Choice

When a tariff is imposed on a good,the ________ increases.

• A) domestic quantity purchased
• B) domestic quantity produced
• C) quantity imported
• D) quantity exported
• E) world price

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Definitions:

Paris Climate Change Conference

An international meeting (COP21) held in 2015, where the Paris Agreement on climate change was negotiated, aiming to reduce global greenhouse gas emissions and limit global warming.

Global Climate Agreement

An international accord aimed at addressing and mitigating the impacts of climate change through collective action.

Global Warming

The long-term rise in Earth's average surface temperature, primarily due to human activities that emit greenhouse gases into the atmosphere.

Private Nuisance

A disturbance or inconvenience to an individual caused by the use of property in a way that unlawfully affects others.