Question: A decrease in the import tariff will result in: a. a decrease in imports but an increase in domestic production b. a decrease in the

A decrease in the import tariff will result in: a. a decrease in imports but an increase in domestic production b. a decrease in the price of the imported product and a decrease in quantity purchased c. an increase in imports but a decrease in domestic production d. an increase in the price of the imported product but a decrease in quantity purchased

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