Which is the effect of an import tariff charged on a particular good?

Production costs for producers are increased.

The price paid by consumers is increased.

Foreign competitors are given an advantage.

Wages for immigrants are raised above a minimum.

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4 December, 15:10

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Missy · Answer 1

The price paid by consumers is increased.

Which is the effect of an import tariff charged on a particular good?Production costs for producers are increased.The price paid by consumers is increased.Foreign competitors are given an advantage.Wages for immigrants are raised above a minimum.