Post Utme Rsu 2024 Commerce Question 33

Practice objective / multiple choice question 33 from the 2024 Post Utme Rsu Commerce examination.

Post Utme Rsu 2024 Commerce Objective / Multiple Choice
Question 33 POST_UTME_RSU • 2024 • COMMERCE • objective

A country is considering imposing a tariff on imports of a particular good. What is the likely effect of the tariff on the domestic price of the good?

Answer Options

Correct Answer A. The domestic price will increase
B. The domestic price will decrease
C. The domestic price will remain the same
D. The domestic price will fluctuate
Correct Answer
A
Correct Option:
The domestic price will increase

About This Question

This is Post Utme Rsu 2024 Commerce Question 33. It is one of the objective questions from the 2024 Post Utme Rsu Commerce examination.

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