If a Tariff Is Imposed on Imports of Shrimp into the United

question 77

Multiple Choice

If a tariff is imposed on imports of shrimp into the United States,U.S.consumer surplus from shrimp will ________ and U.S.producer surplus from shrimp will ________.

• A) increase; increase
• B) increase; decrease
• C) decrease; increase
• D) decrease; decrease
• E) increase; not change

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Definitions:

Positive Outlook

An attitude or mindset that focuses on the positive aspects of situations, expecting good outcomes.

Professionalism

The conduct, aims, or qualities that characterize or mark a profession or professional person.

Team Player

An individual who works well within a group, contributing to the team's goals and effectively collaborating with other members.

Actively Listening

The practice of paying full attention to a speaker, understanding their message, and responding thoughtfully.