If a tariff is imposed on imports of shrimp into the United States, U.S. consumers ________ and U.S. producers ________

A) lose; lose
B) gain; lose
C) gain; gain
D) gain; are unaffected
E) lose; gain

E

Economics

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Which of the following is an automatic stabilizer?

a. Unemployment insurance b. Government spending c. Net taxes d. The interest rate e. The minimum wage set by the government

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Considering two countries X and Y, country X has a comparative advantage in the production of a good when it can produce the good at a lower opportunity cost than country Y

Indicate whether the statement is true or false

Economics