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Chako Chako
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8 years ago
The deadweight loss of a tariff
A) is a social loss because it reduces the revenue of the government.
B) is not a social loss because it merely redistributes revenue from one sector to another.
C) is not a social loss because it aids domestic consumers.
D) is a social loss because it promotes inefficient use of national resources.
E) is not a social loss because it is paid for by rich corporations.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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machukianmachukian
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8 years ago
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Chako Author
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#2
8 years ago
Good answer, thank you
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#3
8 years ago
Don't forget to vote my answer as best Nerd Face
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