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Chako Chako
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Posts: 2948
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8 years ago
If a small country imposes a tariff, then
A) the consumers must suffer a loss.
B) the world price on that item will shift.
C) the demand curve must shift to the left.
D) the government revenue must suffer a loss.
E) the producers must suffer a loss.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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machukianmachukian
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#1
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8 years ago
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Chako Author
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#2
8 years ago
Correct!
wrote...
#3
8 years ago
Thanks for the feedback, I'm sure others will appreciate it too
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