When a Country That Imports a Particular Good Imposes a Tariff

question 48

Multiple Choice

When a country that imports a particular good imposes a tariff on that good,

• A)consumer surplus increases and total surplus increases in the market for that good.
• B)consumer surplus increases and total surplus decreases in the market for that good.
• C)consumer surplus decreases and total surplus increases in the market for that good.
• D)consumer surplus decreases and total surplus decreases in the market for that good.