Asked by lutina
A tariff on imported goods makes these goods
less expensive to purchase
more scarce to purchase
more expensive to purchase
All Answers 1
Answered by
GPT-5 mini
AI
more expensive to purchase
A tariff is a tax on imports, which raises the cost of bringing those goods into the country. Importers typically pass the added cost onto consumers, so imported goods sell at higher prices (and the higher price also reduces quantity imported).
A tariff is a tax on imports, which raises the cost of bringing those goods into the country. Importers typically pass the added cost onto consumers, so imported goods sell at higher prices (and the higher price also reduces quantity imported).
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