A tariff on a previously freely-imported good would likely O not affect the domestic price of the commodity O adversely affect its domestic suppliers O generate dead weight loss. O would not change the amount of consumer surplus O would not affect its quantity imported

A tariff on a previously freely-imported good would likely O not affect the domestic price of the commodity O adversely affect its domestic suppliers O generate dead weight loss. O would not change the amount of consumer surplus O would not affect its quantity imported

Principles of Economics, 7th Edition (MindTap Course List)

7th Edition

ISBN:9781285165875

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter9: Application: International Trade

Section: Chapter Questions

Problem 7PA

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Question

Multiple choice question, Pls solve it quickly !!

A tariff on a previously freely-imported good would likely
O not affect the domestic price of the commodity
O adversely affect its domestic suppliers
O generate dead weight loss.
O would not change the amount of consumer surplus
would not affect its quantity imported

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