The Tariff Levied in a "Large Country" (Home), Lowers the World

question 45

Multiple Choice

The tariff levied in a "large country" (Home) , lowers the world price of the imported good. This causes

• A) foreign consumers to demand less of the good on which was levied a tariff.
• B) domestic demand for imports to decrease.
• C) domestic demand for imports to increase.
• D) foreign suppliers to produce less of the good on which was levied a tariff.
• E) no change in the foreign price of the good it imports.

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Definitions:

Internship

A temporary position, often for students or recent graduates, offering hands-on experience in a particular field or industry.

Applicant Tracking Systems

Software applications designed to manage and automate the recruitment process, including screening and sorting resumes.

Nouns

Words that identify people, places, things, or ideas, serving as the main subjects or objects in sentences.

ATS

An Applicant Tracking System, a software application that automates the recruitment and hiring process by sorting and organizing job applications.