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Domestic producers gain ________ because on the tariff?

A. $50,000

B. $75,000

C. $120,000

D. $150,000

Related Questions on Tariffs & Industrial Development Mcqs

Concerning a government’s trade policy, all the following generally apply except ?

A. economic downturn and recession generally result in greater protectionism

B. because domestic consumers outnumber domestic producer’s policy markers usually enact Free-trade policies to satisfy the consumer majority:

C. When domestic exporting companies are organized, policy tends to favor freer trade

D. Policy tends to favor freer trade in countries whose imports are inputs into critical industries