True or False: A tariff decreases the price of imported computers below the foreign price by...
True or False: A tariff decreases the price of imported computers below the foreign price by the amount of the tariff. Domestic suppliers that compete with suppliers of imported goods now have to sell their products at a lower price?
A- true
B- false
Homework Answers
"False"
Its just the opposite, tariff will increase the price of the foreign good and the supplier will have to compete at a higher price, here the can increase the supply and produce more.
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True or False: A tariff decreases the price of imported
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