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Author Question: A tariff imposed on imported shoes will cause the domestic price of shoes to ________ and the ... (Read 155 times)

Kikoku

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on: Apr 19, 2019

Question 1

Which of the following statements is 
not true?


◦ Trade is beneficial because it allows more efficient production.
◦ Trade is beneficial because it allows consumers to buy goods at cheaper prices.
◦ Trade is beneficial because it allows all domestic industries to increase production.
◦ Trade is beneficial because it allows consumption beyond the production possibility frontier.

Question 2

A tariff imposed on imported shoes will cause the domestic price of shoes to ________ and the domestic production of shoes to ________.


◦ increase; increase
◦ increase; decrease
◦ decrease; increase
◦ decrease; decrease
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by Kikoku on Apr 19, 2019

Jody Vaughn

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Kikoku

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Reply #2 on: Apr 19, 2019
Excellent


Jody Vaughn

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Reply #3 on: Apr 19, 2019
Great! Please up vote :D


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