Author Question: If a tariff of 10 has no effect on the world price, the optimal tariff on that product A) is 10. ... (Read 53 times)

amal · **on:** Jun 30, 2018

If a tariff of 10 has no effect on the world price, the optimal tariff on that product

A) is 10.
B) is zero.
C) is higher than 10.
D) depends upon the amount of government revenue collected.

Question 2

The Latin American region has more economic equality than the HPAE because nations are more democratic.

Indicate whether the statement is true or false