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A Tariff Is Imposed on a Good

Question 70

Multiple Choice

A tariff is imposed on a good.This ________ producer surplus,________ consumer surplus,and ________ total surplus in the home country.


A) increases;decreases;increases
B) increases;does not change;increases
C) increases;increases;increases
D) decreases;decreases;decreases
E) increases;decreases;decreases

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