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Chako Chako
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Posts: 2948
8 years ago
If the U.S. (a large country) imposes a tariff on its imported good, this will tend to
A) improve the terms of trade of all countries.
B) have no effect on terms of trade.
C) raise the world price of the good imported by the United States.
D) improve the terms of trade of the United States.
E) cause a deterioration of U.S. terms of trade.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 122 times
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Answer verified by a subject expert
machukianmachukian
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Top Poster
Posts: 2946
7 years ago
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Chako Author
wrote...
7 years ago
Correct!
wrote...
7 years ago
Thanks for the feedback, I'm sure others will appreciate it too
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