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The deadweight loss of a tariff

Chako

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8 years ago

The deadweight loss of a tariff

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

Edition: 10^th

Author: Krugman

Read 109 times

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machukian

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Chako Author

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8 years ago

Good answer, thank you

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machukian

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8 years ago

Don't forget to vote my answer as best Nerd Face

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