All else equal, what is the effect of a tariff on foreign goods for the domestic...

 

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All else equal, what is the effect of a tariff on foreign goods for the domestic economy (relative to free trade)? a. Producer surplus increases b. Producer surplus decreases c. Consumer surplus increases d. Consumer surplus decreases e. Government revenue increases f. Government revenue decreases g. Deadweight loss increases h. Deadweight loss decreases All else equal, what is the effect of a tariff on foreign goods for the domestic economy (relative to free trade)? a. Producer surplus increases b. Producer surplus decreases c. Consumer surplus increases d. Consumer surplus decreases e. Government revenue increases f. Government revenue decreases g. Deadweight loss increases h. Deadweight loss decreases

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