CFA Practice Question

There are 341 practice questions for this study session.

CFA Practice Question

Assume a small country imposes a tariff.

After the tariff, the producer surplus will ______
A. decrease by B.
B. increase by B.
C. decrease by B + C.
Explanation: Producer surplus will increase if the price rises.

User Contributed Comments 0

You need to log in first to add your comment.