berryliv39
berryliv39 berryliv39
  • 01-10-2020
  • Social Studies
contestada

Which type of goods becomes more expensive as a result of tariffs

Respuesta :

koolissa koolissa
  • 01-10-2020
Imported goods.
Explanation:
Tariffs increase the prices of imported goods. Because the price has increased, more domestic companies are willing to produce the good, so Qd moves right. This also shifts Qw left. The overall effect is a reduction in imports, increased domestic production, and higher consumer prices.
Answer Link
fluttershy421421
fluttershy421421 fluttershy421421
  • 10-02-2021

Answer:

1. Imported

Explanation:

edge 2021

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