When a Tariff Is Placed on Running Shoes,the ________ to Local

question 9

Multiple Choice

When a tariff is placed on running shoes,the ________ to local businesses and local consumers are likely to be greater in dollar terms than the ________ to the owner of a shoe factory and its workers.

• A)gains; gains
• B)gains; losses
• C)losses; gains
• D)losses; losses

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Definitions:

Atomic Components

Fundamental parts or elements that cannot be divided into smaller parts within a particular context or framework.

Symbolic Notation

The use of symbols to denote variables, constants, operations, functions, and other mathematical or logical entities.

Atomic Components

Basic, indivisible components or elements of a system or structure.

Disjunction

A logical operation that yields a true statement if at least one of its component statements is true.