# If a nation fitting the criteria for the small nation model imposes a 10 percent tariff on imports of autos ? with Answer - Economics Mcqs | TestPrep

> Solved MCQ: If a nation fitting the criteria for the small nation model imposes a 10 percent tariff on imports of autos ? Correct Answer: A. The price of autos within the nation will rise by 10 percent. 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 small nation model imposes a 10 percent tariff on imports of autos ?

Direct Answer & Quick Reference

The correct option is **A. The price of autos within the nation will rise by 10 percent**.

A. The price of autos within the nation will rise by 10 percent **(Correct Answer)**

B. The price of autos within the nation will rise by less than 10 percent

C. The price of autos within the nation will rise by more than 10 percent

D. The price of autos will not rise because of internal competition

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Verified Key: A. The price of autos within the nation will rise by 10 percent
Solved by 1,639+ 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-small-nation-model-imposes-a-10-percent-ca73011b-c775-43f6-862c-dd53487fde39*
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