Question

Which sentence describes the most likely effect of a U.S. tariff on imports?(1 point)
Responses

more variety and lower prices for American consumers
more variety and lower prices for American consumers

increased sales for foreign producers
increased sales for foreign producers

less variety and higher prices for American consumers
less variety and higher prices for American consumers

reduced trade barriers for foreign producers

Answer 1

The sentence that describes the most likely effect of a U.S. tariff on imports is:

**less variety and higher prices for American consumers**.

Tariffs typically lead to higher costs for imported goods, which can reduce variety and increase prices for consumers.