[Answered] The imposition of tariffs on imports results in deadweight (triangle) losses. These are A) ...

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BRWH

Hero Member
Posts: 553

on: Jun 30, 2018

The imposition of tariffs on imports results in deadweight (triangle) losses. These are

A) production and consumption distortion effects.
B) redistribution effects.
C) revenue effects
D) efficiency effects.
E) distortion of incentives.

Question 2

If one dollar buys 10 pesos, then one peso buys ten cents of a dollar.

Indicate whether the statement is true or false

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SamMuagrove

Sr. Member
Posts: 312

Reply #1 on: Jun 30, 2018

Answer to Question 1

E

Answer to Question 2

TRUE

BRWH

Hero Member
Posts: 553

Reply #2 on: Jun 30, 2018

Thank you

SamMuagrove

Sr. Member
Posts: 312

Reply #3 on: Jun 30, 2018

No problemo

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