Import Quotas and Tariffs Produce Some Common Results

question 81

Multiple Choice

Import quotas and tariffs produce some common results.Which of the following is not one of those common results?

• A)Total surplus in the domestic country falls.
• B)Producer surplus in the domestic country increases.
• C)The domestic country experiences a deadweight loss.
• D)Revenue is raised for the domestic government.

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Definitions:

Glial Cells

In nervous tissue, cells that support and nourish neurons; they also communicate with neurons and have several other functions; also see astrocyte, oligodendrocyte, ependymal cells, and microglia

Neurons

Specialized cells in the nervous system that transmit information through electrical and chemical signals.

Negative Feedback System

A regulatory mechanism in which a change in a system's output acts to stabilize or reduce further change.

Positive Feedback System

A system in which a change in some steady state triggers a response that intensifies the changing condition. Compare with negative feedback system.