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Economics Asked by a SnapAndSolve user · about 2 hours ago

Match the item/action to its real-world outcome: A. High Tariff Outcome B. Imports Goods C. Tariff 1. A tax...

Match the item/action to its real-world outcome:
A. High Tariff Outcome
B. Imports Goods
C. Tariff
1. A tax placed on imported foreign goods.
2. Foreign goods become more expensive, encouraging people to buy domestic (locally made) goods.
3. Goods brought in from another country.

Answer

  1. 1. A tax placed on imported foreign goods. - C. Tariff
  2. 2. Foreign goods become more expensive, encouraging people to buy domestic (locally made) goods. - A. High Tariff Outcome
  3. 3. Goods brought in from another country. - B. Imports Goods

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