If Canada Imposes a Tariff of $1 Per Imported Shirt

question 89

Multiple Choice

If Canada imposes a tariff of $1 per imported shirt, the tariff

• A)raises the price of a shirt paid by Canadian consumers.
• B)benefits Canadian shirt producers.
• C)decreases imports of shirts into Canada.
• D)creates a social loss.
• E)all of the above

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