The answer is: "A tax on imports." What is the question?
A) What is comparative advantage?
B) What is a quota?
C) What is a tariff?
D) What reduces consumers' surplus?
E) c and d

Question

Quizplus · Accepted Answer

A tariff is a tax on imports, which directly answers the given statement. Tariffs can also reduce consumers' surplus by increasing the prices of imported goods, making them less accessible or more expensive for consumers.

The Answer Is: "A Tax on Imports