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If a Country Removes a Tariff on Imported Shoes,we Expect

question 34

Multiple Choice

If a country removes a tariff on imported shoes,we expect the domestic price of shoes to _____ and the quantity of shoes consumed in the domestic market to _____.


Definitions:

Personal Characteristics

The traits or qualities that define an individual's personality and behavior.

Reluctant to Participate

Describes an unwillingness or hesitance to engage or take part in activities or events.

Cultural Background

The cultural heritage, traditions, and shared history that influence an individual’s beliefs, behaviors, and perspectives.

Extroverts

Individuals who are outgoing, sociable, and drawn to social interactions and external stimuli.

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