Question

The united states wants to limit imports of european shoes by increasing the price of those shoes in the states. you advise your clients to ask the united states to

Answer 1

Tariffs can increase the domestic price for imports. If

Answer 2

Answer:

hi your question lacks the required options here is the complete question and options :

The united states wants to limit imports of European shoes by increasing the price of those shoes in the states. you advise your clients to ask the united states to

a)remove a quota. b)impose a tariff. c)remove a tariff.d) impose a quota

answer : impose a tariff ( B )

Explanation:

Imposing a tariff is seen as additional tax been imposed on imported goods and services. and this will automatically lead to the increase in the price of the goods and service when it gets to the open market for consumers to purchase.

This way the Government have succeeded in increasing the price of the shoes in the states and this will in turn reduce the amount of consumers willing to by the imported shoes and this will also indirectly lead to reduction in the importation of such shoes because when demand is less than supply the suppliers tend to lose alot