Refer to the graph shown.As a result of a tariff T imposed on speedboats, the price that foreign suppliers will receive probably will be:

Which piece of legislation forbids most forms of price discrimination?

a. Sherman Act b. Robinson-Patman Act c. Cellar-Kefauver Act d. Clayton Act

Which of the following events would benefit American consumers?

A. The Chinese economy starts to grow more slowly than the U.S. economy. B. South Korea begins to subsidize its auto exports. C. The U.S. dollar experiences depreciation against the euro. D. The U.S. government strengthens trade barriers against foreign imports.