If a Country Imposes a Tariff on an Imported Good,the

question 127

Multiple Choice

If a country imposes a tariff on an imported good,the tariff ________ the price in the importing country and ________ the quantity of imports.

• A)raises;increases
• B)raises;does not change
• C)lowers;does not change
• D)lowers;increases
• E)raises;decreases

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Definitions:

Job Lateness

The amount of time by which the completion of a job exceeds its originally scheduled or planned delivery time.

Machine Centre

A specific location or unit within a manufacturing facility where machines perform particular functions or operations.

Sequence

A specific order in which related events, movements, or things follow each other.

Throughput Time

The time it takes for a product to go through the production process with no waiting. It is the time of the longest path through the system.