Answer:
A. Raise the price and reduce the quantity of imports
Explanation:
A tariff can be defined as a specific tax levied on an imported good into the country. It is a tool to encourage buying of domestic goods. The method is that an increase in the price paid for importing goods would increase the price of the goods, thereby forcing Americans to buy goods made in America.
This is also called PANEL RESEARCH.
Panel research is the process of surveying a particular set of consumers who has been buying a particular product from a company for a long time. The purpose of panel research is to obtain the views of the consumers about the product and to use the information obtained to improve the product.
It is known as a Tradable occupation. The tradable area of a nation's economy is comprised of the business areas whose yield regarding merchandise and enterprises are exchanged globally, or could be exchanged universally given a conceivable variety in relative costs.
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