Which of the Following Statements Is False

question 106

Multiple Choice

Which of the following statements is false?

• A) Consumers receive more consumers' surplus when tariffs do not exist.
• B) Producers receive more producers' surplus when tariffs do exist.
• C) A tariff results in a net loss to society.
• D) With a tariff,the gains to the winners are less than the losses to the losers.
• E) none of the above

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