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The tariff levied in a "large country" (Home), lowers the world price of the imported good. This causes

A) foreign consumers to demand less of the good on which was levied a tariff.

B) domestic demand for imports to decrease.

C) domestic demand for imports to increase.

D) foreign suppliers to produce less of the good on which was levied a tariff.

E) None of the above.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M9120509

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