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6.2.2 different tools of protection and their impact

What is the immediate price effect of a tariff on imported goods?

A

Higher domestic price for imported goods.

B

Lower domestic price for imported goods.

C

Unchanged domestic price for imported goods.

D

Higher foreign price for imported goods.

6.2.2 different tools of protection and their impact Flashcards

  1. Intl A Level
  2. /Economics
  3. /6.2.2 different tools of protection and their impact

27 flashcards on CIE Intl A Level Economics 6.2.2 different tools of protection and their impact: the key terms and definitions you need to recall.