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

[amal]

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

[matt95]

Answer to Question 1

B

Answer to Question 2

FALSE

[amal]

YES! Correct, THANKS for helping me on my review

[lkanara2]

Thanks for the timely response, appreciate it