An Import Tariff Will Cause the Relative Demand for ________

question 21

Multiple Choice

An import tariff will cause the relative demand for ________ to ________ and the relative supply for ________ to ________.

• A) exports; decrease; exports; increase
• B) imports; increase; imports; decrease
• C) exports; increase; exports; decrease
• D) imports; decrease; imports; increase
• E) exports; increase; imports; decrease

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Definitions:

Environmental Stimulation

Exposure to sensory or informational inputs from the surrounding environment that influences physical or cognitive development and functioning.

IQ Scores

Numerical assessments derived from standardized tests designed to measure human intelligence relative to a statistical normal distribution.

Thurstone's Models

Refers to theories and psychometric techniques developed by L. L. Thurstone, primarily concerning the measurement of attitudes and the structure of intelligence.

Spearman's Models

Theories developed by Charles Spearman, including the concept of a general intelligence factor known as "g" that underlies specific cognitive abilities.