If India imposes a tariff on computers and if none are produced in India, this tariff...
- If India imposes a tariff on computers and if none are produced
in India, this tariff has
- Only protective effects.
- Only revenue effects.
- Both protective and revenue effects.
- Neither revenue nor protective effects.
I'm pretty sure that the answer is B. Only revenue effects
The reason for this is that the tariff would be good for the consumers, and since there is no locally produced computers, there would be no business hurt.
Homework Answers
ANSWER:
The correct answer is option b. (Your answer and logic both are right.)
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