In: Economics
The redistributive effect of an import tariff is the transfer of income from the domestic
a. producers to domestic buyers of the good.
b. buyers to domestic producers of the good.
c. buyers to the domestic government.
d. government to the domestic buyers
25. An importer of computers is required to pay a duty to the government of $100 per computer regardless of the price of the computer. Which type of tariff is described in this example?
a. tariff quota
b. compound tariff
c. specific tariff
d. ad valorem tariff
Question: The redistributive effect of an import tariff is the transfer of income from the domestic
Answer: b. buyers to domestic producers of the good.
Question: An importer of computers is required to pay a duty to the government of $100 per computer regardless of the price of the computer. Which type of tariff is described in this example?
Answer: c. specific tariff