Economists Consider Tariffs to Be

question 32

Multiple Choice

Economists consider tariffs to be:

• A) necessary.
• B) beneficial to domestic consumers.
• C) harmful to domestic producers.
• D) obstacles that reduce gains from trade.

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Definitions:

Nurture

The care and encouragement provided for the physical, emotional, and social development of an individual.

Nature

The phenomena of the physical world collectively, including plants, animals, the landscape, and other features and products of the earth, as opposed to humans or human creations.

Retinal Images

Visual representations formed on the retina by the lens of the eye, serving as the basis for visual perception.

Cataract

A medical condition where the lens of the eye becomes cloudy, leading to decreased vision and, if untreated, potentially blindness.