Author Question: An import tariff will cause the terms of trade of the country to and will ... (Read 120 times)

Chloeellawright · **on:** Jun 30, 2018

An import tariff will cause the terms of trade of the ________ country to ________ and will ________ the country.

A) importing; improve; benefit
B) exporting; improve; benefit
C) importing; suffer; harm
D) exporting; improve; harm
E) importing; improve; harm

Question 2

Refer to the figure above. In equilibrium, this country consumes at point

A) B.
B) C.
C) D.
D) E.