After a Tariff Is Imposed,consumers Must Pay a Price Equal

question 163

Multiple Choice

After a tariff is imposed,consumers must pay a price equal to the

• A) world market price.
• B) domestic equilibrium price when there is no trade.
• C) world market price plus the tariff.
• D) world market price less the tariff.
• E) domestic equilibrium price when there is no trade plus the tariff.

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