MCQOPTIONS
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MCQOPTIONS
| 1. |
If a nation fitting the criteria for the small nation model imposes a 10 percent tariff on imports of autos ? |
| A. | The price of autos within the nation will rise by 10 percent |
| B. | The price of autos within the nation will rise by less than 10 percent |
| C. | The price of autos within the nation will rise by more than 10 percent |
| D. | The price of autos will not rise because of internal competition |
| Answer» B. The price of autos within the nation will rise by less than 10 percent | |