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Crazy boy [7]
3 years ago
6

Tariffs create a(n) ___________ pressure on domestic prices.

Business
1 answer:
charle [14.2K]3 years ago
6 0

Answer: A. upward

Explanation:

Tariffs are taxes that a Government imposes on imported goods in a bid to protect local producers that are making the same goods.

When a Tariff is implemented, it will make goods from outside more expensive as well as give domestic producers an opportunity to charge higher prices as imports have become more expensive.

Both of these results will pull the domestic prices up.

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In the papyrus corporation, cash receipts from customers were $136,000, cash payments for operating expenses were $102,000, and
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3 years ago
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Prompt What is market information?
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