2171EconomicsMedium
An optimal tariff is one which reduces imports to the level at which ____ equals ____?
AThe demand for currency the supply of currency
Bimports, exports
Csocial marginal cost, social marginal benefit
Dthe balance of trade, zero
Correct answer
C. social marginal cost, social marginal benefit
Explanation
The correct answer is social marginal cost, social marginal benefit.