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AP Microeconomics
Unit 2 – Supply and Demand
Topic 2.9
What is the impact of tariffs on consumer welfare?
Tariffs create trade surpluses, resulting in increased consumer welfare.
Tariffs lead to higher prices for imported goods, reducing consumer welfare.
Tariffs lower prices for imported goods, increasing consumer welfare.
Tariffs have no effect on consumer welfare as they primarily target domestic producers.
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AP Microeconomics - 2.9 International Trade and Public Policy
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Tariffs
Consumer Welfare
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About Fiveable
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Cram Mode
AP Score Calculators
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Practice Quizzes
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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