In the importing country,the MOST likely effect of a tariff is to:

A) raise the price and decrease the quantity demanded.
B) raise the price and increase the quantity demanded.
C) raise the price without affecting the quantity demanded.
D) decrease the quantity supplied.

Quantity Demanded

The actual amount of a good or service consumers are willing to buy at some specific price.

Importing Country

A country that buys goods and services from other countries for domestic consumption or use.

Tariff

A tax imposed by a government on goods and services imported from other countries, used to control trade volumes and protect domestic industries.