When a country imposes a per-unit tariff on an imported good or service: O the price of imports rises and the quantity of imports falls. O the price of imports and the quantity of imports rise. O the price of imports and the quantity of imports fall. O the price of imports falls and the quantity of imports rises.

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Chapter9: Application: International Trade
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Question 39
When a country imposes a per-unit tariff on an imported good or service:
O the price of imports rises and the quantity of imports falls.
O the price of imports and the quantity of imports rise.
O the price of imports and the quantity of imports fall.
O the price of imports falls and the quantity of imports rises.
Transcribed Image Text:Question 39 When a country imposes a per-unit tariff on an imported good or service: O the price of imports rises and the quantity of imports falls. O the price of imports and the quantity of imports rise. O the price of imports and the quantity of imports fall. O the price of imports falls and the quantity of imports rises.
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