Economists Consider Tariffs to Be

question 169

Multiple Choice

Economists consider tariffs to be

• A) necessary for the protection of domestic industries and the achievement of full employment.
• B) harmful to domestic consumers.
• C) obstacles that hinder voluntary exchange and gains from trade.
• D) both b and c above

---

Definitions:

Shared Environment

The environmental factors that contribute to the similarities in development and behavior among family members living in the same household.

Culture

A program of shared rules that govern the behavior of people in a community or society, and a set of values, beliefs, and customs shared by most members of that community.

Psychological Damage

Harm to a person's mental health or well-being, which can result from traumatic events, abuse, or chronic stress.

Academic Achievement

Refers to the level of success a student has achieved in their educational pursuits, often measured by grades, test scores, and other academic indicators.