WGU C211 Global Economics exam questions (fully solved)
WGU C211 Global Economics exam questions (fully solved) Suppose that the United States imposes a tariff on avocados imported from Mexico. What impact will this have on the price paid for avocados by United States citizens? - answer The price will increase. Which of the following is a consequence of a country imposing a tariff on imported goods? - answer The demand for foreign produced goods decreases. Suppose that the United States imposes a tariff on salt. What impact might this tariff have on the price for domestic consumers? - answer Consumers will pay a higher price. Applying a tariff to coconuts will have the following effect: - answer Increase the domestic price of coconuts.
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- January 6, 2024
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- wgu c211 global economics
- wgu c211
- global economics
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wgu c211 global economics exam questions fully so
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