Tariffs ________ the Domestic Price of the Good and Import

question 168

Multiple Choice

Tariffs ________ the domestic price of the good and import quotas ________ the domestic price of the good.

• A) lower; lower
• B) lower; raise
• C) raise; lower
• D) raise; raise

---

Definitions:

Cognitive

Pertaining to the mental processes of perception, memory, judgment, and reasoning, as contrasted with emotional and volitional processes.

Emotional

Pertaining to feelings or emotions, involving the ability to experience, communicate, and understand emotional states.

Behavioral

Relating to or concerned with the actions or activities of living organisms; often used to describe the study of behavior in psychology.

Affective Component

Refers to the emotional or feeling segment of an attitude, influencing how an individual feels about an object, person, or situation.