When a Country Moves Away from a Free Trade Position

question 94

Multiple Choice

When a country moves away from a free trade position and imposes a tariff on imports,it causes

• A)a decrease in total surplus in the market.
• B)a decrease in producer surplus in the market.
• C)an increase in consumer surplus in the market.
• D)a decrease in revenue to the government.

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Definitions:

Significant Other

A person with whom someone has an important personal relationship.

Legal Evidence

Information or materials presented in court to support or refute a claim or argument within a legal case.

Continuity Of Care

The consistent and seamless provision of care for a patient over time and across different healthcare settings.

Risk Of Litigation

The potential for legal action to be taken against an individual or organization, often due to negligence or failure to meet accepted standards.