The Impact of a Tariff Is to _____ Imports and _____

question 42

Multiple Choice

The impact of a tariff is to _____ imports and _____ the market price.

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

---

Definitions:

Costume Party

A social gathering where individuals wear costumes and often masks to assume a specific character or identity for entertainment.

Violent

Characterized by strong, forceful actions or movements capable of causing damage or physical harm to others.

Frustrated

Feeling upset or annoyed as a result of being unable to change or achieve something.

Relative Deprivation

The feeling of dissatisfaction or injustice from the perception that one is worse off compared to others or compared to one's expectations.