If a country an imposes an import tariff, its welfare can improve if ?

A. Its governments tax revenue increases because of the tariff

B. the country is a small country rather than a larger country

C. its terms of trade improve enough

D. The tariff enhances the welfare of its trading partners

Be the first to comment if anything wrong with this mcq
Your comment successfully submitted!
It will automatically posted after review and approval by our staff member.