Seeing is believing!

Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.

Find out more

Basic Question 1 of 17

Assume a small country imposes a tariff.

Before the tariff, consumer surplus is ______ and producer surplus is ______.
Check Answer Next Q Print

User Contributed Comments 3

User Comment
maryprz14 ???
mn158 ? indeed
raulmartin WTF
You need to log in first to add your comment.
I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach

Andrea Schildbach

Learning Outcome Statements

compare types of trade restrictions, such as tariffs, quotas, and export subsidies, and their economic implications

CFA® 2025 Level I Curriculum, Volume 1, Module 6.