All of the following questions or statements regarding tariffs are positive except
A) Economic models can be used to estimate the dollar amounts gained by the winners from the imposition of a tariff.
B) Economic analysis can decide whether a tariff proposal should be enacted.
C) Economic analysis can show the size of the loss of economic efficiency from the imposition of a tariff.
D) Economic models can be used to estimate the dollar amounts lost by the losers from the imposition of a tariff.
Answer: B
Economics
You might also like to view...
If a corporate bond with a face value of $5,000 pays yearly coupon payments of $100, what is the coupon rate?
A) 2% B) 5% C) 10% D) 20%
Economics
What are two criticisms of the unemployment rate? How do these criticisms relate to the overstating or understating of the unemployment rate?
What will be an ideal response?
Economics