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    Principles of Microeconomics Study Set 4
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    Exam 17: International Trade
  5. Question
    A Tariff Is Most Likely to _______ Prices and _______
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A Tariff Is Most Likely to _______ Prices and _______

Question 166

Question 166

Multiple Choice

A tariff is most likely to _______ prices and _______ consumption of the good or service being protected.


A) lower; increase
B) increase; decrease
C) have no effect on; not change
D) lower; lower

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