If the U.S. (a large country) imposes a tariff on its imported good, this will tend to

A) improve the terms of trade of the United States.
B) have no effect on terms of trade.
C) improve the terms of trade of all countries.
D) cause a deterioration of U.S. terms of trade.
E) raise the world price of the good imported by the United States.

A

Economics

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Explain the "vicious-circle-of-poverty" hypothesis

What will be an ideal response?

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