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Chako Chako
wrote...
Posts: 2948
8 years ago
If a small country were to levy a tariff on its imports then this would
A) have no effect on that country's economic welfare.
B) decrease the country's economic welfare.
C) increase the country's economic welfare.
D) raise prices on its exports in other countries.
E) change the terms of trade.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 157 times
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wrote...
8 years ago
B
Chako Author
wrote...
8 years ago
Good answer, thank you
wrote...
8 years ago
Happy to help you!
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