The Imposition of an Import Tariff by a Nation Results

question 12

Multiple Choice

The imposition of an import tariff by a nation results in:

• A)an increase in relative price of the nation's import commodity
• B)an increase in the nation's production of its importable commodity
• C)reduces the real return of the nation's abundant factor
• D)all of the above

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Definitions:

Social Behaviorists

Scholars or practitioners who study how behavior is influenced by the social environment.

Radical Behaviorists

Psychologists who explain behavior in terms of external stimuli and observable responses, minimizing the role of the mind or consciousness.

Observable Behaviors

Observable behaviors refer to actions or reactions of an individual or system that can be directly seen and measured.

Creative Part

The component of a process or system that involves innovation, imagination, and the generation of new ideas.