Tariffs Lead to

question 139

Multiple Choice

Tariffs lead to

• A)the expansion of relatively efficient industries.
• B)an under allocation of resources to relatively efficient industries.
• C)an increase in the foreign demand for domestically produced goods.
• D)an under allocation of resources to relatively inefficient industries.

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Definitions:

Cookies

Small, sweet baked treats usually made from flour, sugar, and some type of oil or fat, and may include other ingredients such as chocolate chips or nuts.

Batch

A collection or group of goods or items that are processed or produced at the same time.

Daughters

Female offspring in relation to their parents.

Current

The flow of electric charge through a conductor or the flow of water in a stream or ocean.