[Solved] The imposition of an import tariff by a nation usually

Q.	The imposition of an import tariff by a nation usually
A.	improves the nation’s terms of trade and increases the volume of trade
B.	worsens the nation’s terms of trade but increases the volume of trade
C.	improves the nation’s terms of trade but reduces the volume of trade
D.	None of the above
Answer» C. improves the nation’s terms of trade but reduces the volume of trade

1.4k

Do you find this helpful?

View all MCQs in

Discussion

No comments yet