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AP Macroeconomics
Unit 6 – Open Economy – International Trade and Finance
Topic 6.4
What economic effect is observed when domestic producers are protected by tariffs?
Domestic producers exit the market
Domestic producers decrease productivity and output
Domestic producers increase productivity and output
Domestic producers remain unchanged
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AP Macroeconomics - 6.4 Effect of Changes in Policies & Economic Conditions on the Foreign Exchange Market
Key terms
Tariffs
Domestic producers
Economic effect
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Resources
Cram Mode
AP Score Calculators
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Crisis Text Line
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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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