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tensa zangetsu [6.8K]
2 years ago
9

When a country imposes tariffs, it is likely to cause

Business
2 answers:
Vilka [71]2 years ago
4 0

When a country imposes tariffs, it is likely to cause: Higher prices for the import-competing goods. Tariffs tend to reduce the volume of imports by: Making them more expensive to domestic consumers.

Bye! - sunny <3

bearhunter [10]2 years ago
3 0

Answer:

lower prices for domestic production

Explanation:

tariffs means

more tax on imports so

imports would be more expensive

A. increased quantities of imports?

if imports are more expensive because of tariffs and

if people buy less

then there would NOT be

increased quantities of imports

because they are more expensive

B. higher prices for the import-competing goods both domestically and abroad?

import-competing (domestic) goods would be cheaper

C. lower prices for domestic production?

yes domestic production would be cheaper

D. less expensive exports?

only if other countries don't put tariffs on them themselves

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