Question

If a nation imposes a tariff on an imported product, then the nation will experience a(n) select one:

a. decrease in total supply and an increase in the price of the product.
b. decrease in demand and a decrease in the price of the product.
c. decrease in supply of, and an increase in demand for, the product.
d. increase in supply of, and a decrease in demand for, the product.

Answer 1

It has created competition, causing demand for state products to go down.

Step-by-step explanation:

if you are looking for the answer to this question: How has international trade hurt Washington State industries in recent years?

answer for k12 test

Answer 2

a. decrease in total supply and an increase in the price of the priduct.