What Will Be The Likely Impact Of A Canadian Import Tariff Imposed On Steel? A It Will Increase The Real

Question

What will be the likely impact of a Canadian import tariff imposed on steel?

a. It will increase the real

incomes of steel users.

b. It will increase employment in the economy as a whole.

c. It will raise the total quantity of foreign and domestic steel sold in Canada.

d. It will increase employment in the Canadian steel industries.

Macroeconomics