If Canada imposes a tariff of $5 per bottle on French wine,the MOST likely effect will be to raise the price of wine in Canada by:

A) more than $5 per bottle.
B) $5 per bottle.
C) less than $5 per bottle and lower the price of wine in France by less than $5 per bottle.
D) less than $5 per bottle without affecting the price of wine in France.

Canadian Tariff

A tax imposed by the Canadian government on imported goods to protect domestic industries or to generate revenue.

French Wine

Wine produced in the various wine regions of France, known worldwide for its quality and variety.

Price Of Wine

The amount of money required to purchase a specific amount or bottle of wine, influenced by factors like quality, brand, and production costs.