# If a nation fitting the criteria for the large nation model imposes an import tariff ? with Answer - Economics Mcqs | TestPrep

> Solved MCQ: If a nation fitting the criteria for the large nation model imposes an import tariff ? Correct Answer: C. The domestic price of the product will increase by less than the tariff. Verified answer explanation for FPSC, PPSC, MDCAT, NTS, and CSS competitive exam preparation.

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# If a nation fitting the criteria for the large nation model imposes an import tariff ?

Direct Answer & Quick Reference

The correct option is **C. The domestic price of the product will increase by less than the tariff**.

A. the domestic price of the product will increase by more than the tariff itself

B. The domestic price of the product will increase by the same amount as the tariff

C. The domestic price of the product will increase by less than the tariff **(Correct Answer)**

D. None of the above

✨ Explain with AI

Verified Key: C. The domestic price of the product will increase by less than the tariff
Solved by 4,420+ students

Verified against official examination board answer keys and standard curriculum textbooks.

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*Source: https://test-prep.blog/mcq/if-a-nation-fitting-the-criteria-for-the-large-nation-model-imposes-an-import-ta-3f89bb50-9a5c-4c5f-8204-14ff9dff1bea*
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