(Choose 1 answer)
(4569) The optimum tariff is
A. the tariff, which maximizes the terms of trade gains
B. not practical for a large country due to the likelihood of retaliation
C. not practical for a small country due to the likelihood of retaliation
D. the best tariff a country can obtain via a WTO negotiated round of compromises
E. the tariff, which maximizes the difference between terms of trade gains and terms of trade
Exit 5
