Question:

A tariff can ________ raise a country's welfare.

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a. once a year

B. always

c. sometimes

d. never

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1 ANSWERS


  1. c. sometimes

    It depends on what it is imposed on, and how big it is (dead-weight loss), how it affects specialization level of country, and how it defines growth/development path in long-run. If it protects local producer from dumping policy, etc.

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