A. U.S. producers gain more from tariffs than U.S. consumers lose.
B. the costs of trade restrictions are proportionately higher for high-income groups than for
low-income groups.
C. the revenue from tariffs equals the total cost that tariffs impose on consumers.
D. U.S. consumers lose more from tariffs than U.S. producers gain.
ANSWER:
D. U.S. consumers lose more from tariffs than U.S. producers gain.