ring Enabled: Midterm ${?}^{2}4($Topics $4\mathrm{.}1-4\mathrm{.}3)(1)$

Which of the following statements about tariffs is true?

Multiple Choice

U$.$S$.$ producers gain more from tariffs than U$.$S$.$ consumers lose.

The costs of tariffs are proportionately higher for high$-$income groups than for low$-$income groups.

U$.$S$.$ consumers lose more from tariffs than U$.$S$.$ producers gain.

The revenue gained from tariffs equals the total cost that tariffs impose on consumers.

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