Generally, if a nation imposes a tariff on imports,
A. part of the tax is paid by foreign exporters.
B. the entire tax is paid by foreign exporters.
C. none of the tax is paid by foreign exporters.
D. the tax has no impact on the profits of foreign exporters.
Answer: A
Economics
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The merchandise trade balance does not include
a. exports of refrigerators b. imports of automobiles c. exports of agricultural products d. shipping and insurance costs e. imports of food items with heavy tariffs
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