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Social Science Clinic => Economics => Microeconomics => Topic started by: robinn137 on Jul 1, 2018

Title: A tariff is a. a tax on imports b. a legal limit on quantities of goods that can be imported c. a ...
Post by: robinn137 on Jul 1, 2018

A tariff is
 a. a tax on imports
  b. a legal limit on quantities of goods that can be imported
  c. a voluntary limit on quantities of goods that can be imported
  d. a quality restriction on imports
  e. a subsidy for exports

Question 2

Import restrictions usually benefit domestic producers at the expense of domestic consumers.
 a. True
  b. False

Title: A tariff is a. a tax on imports b. a legal limit on quantities of goods that can be imported c. a ...
Post by: Tonny on Jul 1, 2018

Answer to Question 1

A

Answer to Question 2

A