Which of the Following Is an Incorrect Observation

question 132

Multiple Choice

Which of the following is an incorrect observation?

• A)​Import tariffs benefit domestic producers and the government, but harms domestic consumers.
• B)​Gains from trade in terms of world output are reduced by export subsidies.
• C)​The overall domestic employment effects of a tariff imposition are likely to be positive.
• D)​If the imposition of a tariff leads to retaliatory tariffs by other countries, domestic employment outside the industry gaining the tariff protection would likely suffer.

---

Definitions:

Planetary Gearset

A gearset consisting of three elements: a sun gear, planetary carrier (containing three or more planetary gears), and a ring gear (annulus). The three separate elements intermesh, and the hold/release status of each determines the output ratios. Also known as an epicyclic gearset.

Stationary Member

A component of a mechanical system that remains fixed in position while other parts move around or relative to it.

Planetary Gearsets

A system of gears consisting of one or more outer gears (planet gears) revolving around a central (sun) gear, used in automatic transmissions.

Minimum Number

The smallest quantity or value in a set or required to accomplish a certain task.