
If a good is imported into (large) country H from country F, then the imposition of a tariff in country H does which of the following compared to the free trade situation.
A. raises the price of the good in both countries.
B. raises the price in country H and cannot affect its price in country F.
C. lowers the price of the good in both countries.
D. lowers the price of the good in H and could raise it in F.
E. raises the price of the good in H and lowers it in F.

Answers: 1


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If a good is imported into (large) country H from country F, then the imposition of a tariff in coun...
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