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Tidy Tidy
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Posts: 4852
8 years ago
When the U.S. government places a tariff on a product, such as the tariff on tires imported from China, the quantity of the product imported will generally ________ and the price paid by consumers for the product will generally ________.
A) increase; increase
B) increase; decrease
C) decrease; increase
D) decrease; decrease
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 369 times
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SydnieSydnie
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Posts: 3807
8 years ago
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8 years ago
I was confident with my answer, glad it was correct.

Oh, and thumbs-up are more than welcome Slight Smile
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