When the Government Imposes a Tariff, the

question 84

Multiple Choice

When the government imposes a tariff, the

• A)import demand curve shifts up.
• B)export supply curve shifts up.
• C)import demand curve shifts down.
• D)export supply curve shifts down.
• E)export supply curve shifts up and demand curve shifts down.

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Definitions:

Equity Market

A financial market where shares of companies are issued and traded, also known as the stock market.

World Equity Market

A global marketplace where shares of companies from different countries are bought and sold.

Correlations

A statistical measure that describes the extent to which two variables change together, indicating the strength and direction of their relationship.

Stock-Index Portfolios

Investment portfolios that aim to replicate the performance of a specific stock index, allowing investors to gain broad market exposure.