If the United States imposes a tariff on imported steel, the tariff will
A. raise the U.S. price of imported steel.
B. decrease the U.S. production of steel.
C. increase the total U.S. consumption of steel.
D. decrease employment in the U.S. steel industry.
Answer:A
If the United States imposes a tariff on imported steel, the tariff will
A. raise the U.S. price of imported steel. B. decrease the U.S. production of steel. C. increase the total U.S. consumption of steel. D. decrease employment in the U.S. steel industry.