What Is the Effect of an Export Tariff in a Large

question 45

Multiple Choice

What is the effect of an export tariff in a large country on the importing country?

• A) The importing country loses, since it pays a higher price for the product.
• B) The importing country gains, since it pays a lower price for the product.
• C) The importing country neither gains nor loses, since the world price does not change.
• D) The importing country will gain from the terms of trade effect.

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Definitions:

Ablative

Describes treatments aimed at removing or destroying tissue, often used in the context of surgical procedures or cancer therapies.

Elective

Pertaining to a procedure or treatment chosen by the patient or physician that is not urgent but considered beneficial.

Preoperative Phase

The period of preparation and evaluation before a surgical procedure.

Operating Suite

A specialized facility or room in a hospital where surgical operations are carried out.