When a country imposes a tariff:
A. the domestic price of the imported good rises while the quantity does not change.
B. domestic consumption of the good falls while price does not change.
C. domestic production of the good falls.
D. the domestic price of the imported good rises and quantity consumed falls.

Question

12-06-2024
Business

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When a country imposes a tariff:
A. the domestic price of the imported good rises while the quantity does not change.
B. domestic consumption of the good falls while price does not change.
C. domestic production of the good falls.
D. the domestic price of the imported good rises and quantity consumed falls.

Sagot :

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