Question

The United States produces oranges juice, imports orange juice, and consumes orange juice. If the United States increases its tariff on orange juice, which of the following will take place?

a. Imports of orange juice into the United States will increase.
b. The price of orange juice in the United States will fall.
c. Production of orange juice in the United States will decrease.
d. Consumption of orange juice in the United States will decrease.

Answer 1

If a tarrif is placed, imports would decrease and domestic supply will increase... A is wrong
If a tariff is placed, as you could see on the graph, the price is increasing, not decreasing
Production of orange juice in the US would increase..same reason as A
Consumption of orange juice in the US will decrease..you could see it in the graph

Answer 2

d?

Answer 3

\(\color{#0cbb34}{\text{Originally Posted by}}\) @justus
d?
\(\color{#0cbb34}{\text{End of Quote}}\)
yes I think so

Answer 4

thank you so much <3

Answer 5

\(\color{#0cbb34}{\text{Originally Posted by}}\) @justus
thank you so much <3
\(\color{#0cbb34}{\text{End of Quote}}\)
np <3